TranceAddict Forums (www.tranceaddict.com/forums)
- USA - New York
-- Down 504
Posted by ReenTeenTeen on Sep-16-2008 22:41:
Down 504
anybody?
Posted by coolestrl on Sep-16-2008 22:46:
whats this suppose to mean?
Posted by coolestrl on Sep-16-2008 22:53:
dont tell me you were talking abt yest's dow close lol
Posted by PvDoBseSSioN on Sep-16-2008 22:55:
covered it ALL day at fox yesterday! no more please no more
Posted by ReenTeenTeen on Sep-16-2008 23:37:
| quote: |
Originally posted by PvDoBseSSioN
covered it ALL day at fox yesterday! no more please no more |
indeed.
well, its just a sum to action of the last few years takin into a reaction. 
Posted by PvDoBseSSioN on Sep-17-2008 00:09:
| quote: |
Originally posted by ReenTeenTeen
indeed.
well, its just a sum to action of the last few years takin into a reaction. |
yeah it has been a rough rough year for the financial world to say the least!
Posted by DJ_Lord on Sep-17-2008 00:19:
...yet Goldman still managed to beat expectations! 
Posted by ReenTeenTeen on Sep-17-2008 00:23:
| quote: |
Originally posted by DJ_Lord
...yet Goldman still managed to beat expectations! |
will see. 
Posted by DJ_Lord on Sep-17-2008 00:31:
| quote: |
Originally posted by ReenTeenTeen
will see. |
They already reported bro... "Goldman earned $810.0 million in the third quarter, or $1.81 per share, after payment of preferred dividends. That's down from a profit of $2.8 billion, or $6.13 per share, a year earlier. Net revenues fell 51.0%, to $6.0 billion, from $12.3 billion a year earlier. Investment-banking revenue tumbled 38.1%, to $1.3 billion, from $2.1 billion a year earlier. Analysts polled by Thomson Reuters estimated earnings of $1.71 per share on sales of $6.2 billion."
Analysts expected 1.71, GS posted 1.81.
http://www.forbes.com/2008/09/16/go...artner=yahootix
Posted by ReenTeenTeen on Sep-17-2008 02:04:
AIG just got saved.
Liehman Brothers just got purchased in part saving 10,000 jobs out about 20,000. 
Posted by Groundhog Boy on Sep-18-2008 04:20:
| quote: |
Originally posted by DJ_Lord
They already reported bro... "Goldman earned $810.0 million in the third quarter, or $1.81 per share, after payment of preferred dividends. That's down from a profit of $2.8 billion, or $6.13 per share, a year earlier. Net revenues fell 51.0%, to $6.0 billion, from $12.3 billion a year earlier. Investment-banking revenue tumbled 38.1%, to $1.3 billion, from $2.1 billion a year earlier. Analysts polled by Thomson Reuters estimated earnings of $1.71 per share on sales of $6.2 billion."
Analysts expected 1.71, GS posted 1.81.
http://www.forbes.com/2008/09/16/go...artner=yahootix |
And Morgan Stanley pre-announced and beat by about .50, matching last year's revenue numbers, yet was down 43% at one point today, Goldman down 27% at its low. I never thought I'd see GS below $100 anytime soon, and it did it today. After being at $150 just days ago. This market doesn't give a shit about fundamentals at this point. It's nothing but fear.
Posted by DeRangedMind on Sep-18-2008 20:14:
what is this CNN Business section lol
Now if Washington Mutual would go down the toilet 
Powered by: vBulletin
Copyright © 2000-2021, Jelsoft Enterprises Ltd.