3000 shares and not sure what I should do. I probably will sell in the morning but here is what I found! Any comments? Thanks
"During the quarter ended June 30, 2007, the Company sold $1.4 billion of Mortgage-Backed Securities, resulting in a realized gain of $7.3 million. During the quarter ended June 30, 2006, the Company sold $852 million of Mortgage-Backed Securities, resulting in a realized loss of $1.2 million. During the quarter ended March 31, 2007, the Company sold $1.2 billion of Mortgage-Backed Securities, resulting in a realized gain of $6.1 million and terminated interest rate swaps with a notional value of $300 million, resulting in a realized gain of $67,000. In addition, during the quarter, the Company had a loss on other-than-temporarily impaired securities of $698,000 as compared to other-than-temporary impairments of $20.1 million and $491,000 for the quarters ended June 30, 2006 and March 31, 2007 respectively."
Not yet, maybe around $150 with stable stock price. Right now, they need all the money they have to ward off the problems and withdrawels.
Do not go against the trend. The trend is your friend. No one in their right mind will hold GS over the weekend. It could open on Monday at 150 when they report any problem they may have. The little guy always loses so don't be fooled, wait till all settles down. Just my opinion.
and cut loses. Too may are hoping for a bounce up so the big boys will used it against you. I just sold for a loss because it looks like the down side is 20 to 22 in the short term. I know, I know I am a basher etc but really I believe it will hit that especially if it breaks yesterdays low. IMO GL