Monday, December 15, 2008

The "Johnny McMargin" Earnings Play! ~ Goldman Sachs Group, Inc.(Public, NYSE:GS)

it's an APPLE X-MAS!
DEC 20, 2008
$ 95.00 CALL
-2.57 (-48.04%)
... the late day rally saves.

Goldman "Johnny McMargin" Sachs reports in the AM.
DEC $ 70.00 CALL
2.95 -0.75 (-20.27%)
.. the consensus of the 18 analysts covering GS is -3.50
p.s. Did FAZ almost break out today? ... we're still down on (SRS), (SKF), (EEV) ... the lone green Amigo (SDP )
. on Google Finance:


Anonymous said...

why do you choose

and not


BUY ON THE DIP said...

just an old habit.

we've been with E*trade forever, familiar with the format, etc ...

BUY ON THE DIP said...

we also have a WELLS TRADE account, 100 free trades per year!


Anonymous said...

10 /4

thank you

Anonymous said...

don't you think gs will report worse than expected results?
if not, looks like a BIG down day for $faz tomorrow

BUY ON THE DIP said...

yes, but bad news is good for stocks ... right?

@forcevector you know we own both. $FAZ, $GS calls. short term BULLish, $FAZ for 2009!

BUY ON THE DIP said...

Goldman downgrades AAPL.

S& P upgrades to STRONG BUY.

Standard & Poor’s analyst Tom Smith today raised his rating on Apple (AAPL) to Strong Buy from Buy on a valuation basis, but cut his price target to $127, from $137 and trimmed estimates.

Smith cut his estimates today to reflect weaker technology spending trends: for the September 2009 fiscal year, he goes to $5.50, from $5.70, and for FY 2010 he goes to $6.75, from $7.30. But he asserts that “while most peers also face weak demand, we believe AAPL has better potential for market-share gains in PCs and smart phones.” He also notes that the company has over $24 billion in cash and investments and zero debt.

Apple today is down $4.89, or 5%, to $93.38.