General Market Question
Is something is wrong with Goldman Sachs to come down it’s share prices badly?
It has come down $130 to $62 level. How far it can go down?
Asked by MNSL in
General Market
one year ago
Best Answer
160 points
Einstein answered one year ago …
They have become a BANK and they have no branches. How are they supposed to make money to maintain the level of profit they have achieved in the past? The answer is they can't..... I do not even know how they can maintain the level of Stock price they already have right now....
I think it is going lower.....
Answers
312 points
mjrenn answered one year ago …
This might partly answer your question:
http://blogs.moneycentral.msn.com/topstocks/archive/2008/11/20/buffett-s-h uge-derivatives-bet-proves-costly.aspx
BTW it closed at $53.31 today.
