GS Target = $140ish
Posted By Barry Ritholtz On April 16, 2010 @ 12:35 pm In Technical Analysis | Comments Disabled
A back of the envelope calculation gives us an intermediate term downside target of $142 and change. (We are not short this).
The facts here are pretty damning according to what I read in the SEC press release and complaint. But the situation is fluid, and subject to more info coming out.
>
Goldman Sachs, 2005-2010
[1]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/04/gs-target-140ish/
URLs in this post:
[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/04/GS-Chart.gif
Click here to print.