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ReenTeenTeen
Space Kadet

Registered: Mar 2006
Location: Crooklyn, nYc "Tribal" Projects
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Sep-16-2008 23:37
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ReenTeenTeen
Space Kadet

Registered: Mar 2006
Location: Crooklyn, nYc "Tribal" Projects
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Sep-17-2008 00:23
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ReenTeenTeen
Space Kadet

Registered: Mar 2006
Location: Crooklyn, nYc "Tribal" Projects
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Sep-17-2008 02:04
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Groundhog Boy
Stupidity Offends Me

Registered: May 2005
Location: New York, NY
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| 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.
___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul
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Sep-18-2008 04:20
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