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(International Business Times)   What's the world coming to when you can't even trust those guys down at Goldman Sachs?   ( ) divider line 8
    More: Fail, Royal Mail, Goldman Sachs, IPO, Vince Cable, London Stock Exchange, Central Washington University, business secretary, core network  
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1560 clicks; posted to Business » on 28 Nov 2013 at 8:23 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

8 Comments   (+0 »)
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2013-11-28 08:37:25 AM  
It must be one of those days ending in "y".
2013-11-28 09:24:50 AM  
Anyone doing business with Goldman at this point should know damn well what they're getting into.
2013-11-28 10:28:10 AM  
Lloyd Blankfein must be reading this and thinking, "You're lucky you're even getting half of what we're making.  Am I not merciful?"
2013-11-28 11:36:36 AM  
"GOLDMAN SACHS has said that shares in Royal Mail could reach 610p"
"Vince Cable yesterday defended the initial valuation against charges that the government had underpriced Royal Mail. He repeated his insistence that short-term price rises were "froth" that did not necessarily reflect the underlying value of the company."

Sounds like the official position is "the price is being run up by speculators and based on momentum, the price could go higher.  But based on fundamental analysis, the stock is overvalued".

Only one way to find of if GS is bullshiating... how much stock have they bought and held since the IPO?
2013-11-28 12:47:27 PM  
Who'd ever think to mistrust an outfit known as the Vampire Squid?
2013-11-28 05:16:18 PM  
Why don't they just auction the shares off to the highest bidders? I don't see why banks or a fixed "target" price (a reserve price I get) are even necessary.
2013-11-29 05:47:56 AM  
In my opinion lehman brothers  are also the same..
2013-11-29 05:46:23 PM  
Getting stock advice from Goldman Sachs is like getting advice on which horse to bet on from a bookie.
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