GS - Goldman Sachs Group, Inc. - NYSE

[eric1960]

http://stockcharts.com/h-sc/ui?s=gs&p=D&b=5&g=0&id=p11530901891


One investor bet 1.6 million  (in the options market) that GS will top $200.00 by the third week of July.

    
GS Jul 17 2010    169 Days to Expiration

    200.0 Call        1.37         1.51         1.50         -0.11         10,620         12,517

[jotuk6771]

http://stockcharts.com/h-sc/ui?s=gs&p=D&b=5&g=0&id=p11530901891


One investor bet 1.6 million  (in the options market) that GS will top $200.00 by the third week of July.

    
GS Jul 17 2010    169 Days to Expiration

    200.0 Call        1.37         1.51         1.50         -0.11         10,620         12,517

Bahhh!.... you know that we do not like to take too much risk with this type of pennystocks  ...

[eric1960]

Breaking out. I know very few here want to buy a 170.00 stock but you can always buy the call options.

[eric1960]

200.00 will come.

[Jack]

SEC accuses Goldman Sachs of civil fraud

http://finance.yahoo.com/news/SEC-accuses-Goldman-Sachs-of-apf-1523020722.html?x=0&.v=7

Goldman Is Charged With Subprime Fraud

http://online.wsj.com/article/SB10001424052702303491304575187920845670844.html?ru=yahoo&mod=yahoo_hs

[IAMCLP1]

 

Now that sure makes for a funny looking chart!

Day-traders got hit hard on this... These stocks should not have that type of volatility, but just goes to show how quickly the market can turn. 

[jotuk6771]

Now that sure makes for a funny looking chart!

Day-traders got hit hard on this... These stocks should not have that type of volatility, but just goes to show how quickly the market can turn. 

Impressive candle !     But 12% lol , the big boys are getting hit hard , but for us , small investors and PK's players , it's just a few downticks ! 

[jotuk6771]

US stocks slumped on Friday as investment powerhouse Goldman Sachs was charged with defrauding investors by US regulators, capping an otherwise positive week for the major indices.

The Securities and Exchange Commission (SEC) filed a civil suit in New York alleging that Goldman Sachs colluded with a hedge fund client to make money out of the sub-prime housing market. Investors lost 1 billion dollars as a result, the SEC alleged.

It marked the first government lawsuit related to Wall Street practices that precipitated the near collapse of the entire financial sector in October 2008.

Goldman strongly denied the charges, but couldn't stop its stock price from plunging more than 13 per cent in New York trading, dragging down all financial stocks by an average of more than 3 per cent.

[eric1960]

Would of hit 200.00, but now with the recent news, will probably hit BV of about 120.00!!!!!!

[eric1960]

BV is almost here, you change with the news & market conditions or get killed.

[Vegas]

Looks like a pincher coming up...

[eric1960]

But it's trading on headline news so anything is possible.