Re: Just popped up in globeinvestor
posted on
May 26, 2011 04:07PM
Very interesting, ttgr. The same analyst who mentions SGR in the same sentenc as G downgraded his share price estimate by $2. Note that he factored in a lower price multiple - recognizing the selling pressure the entire sector has been under. The conspiracy theorist in me can't help but notice that Goldman has been involved trading this particular junior, and is no doubt in there on the whole HU - just about he only sector trending lower on higher earnings, even as the broad maeket trended higher on decreasing earnings I hope this blows up in their faces, just as JPM's silver shorts will. It will be a sight to behold.