July 2nd, 2008
CNBC Bonus Bucks Trivia: Guest Blogger Vince Farrell marvelled at Goldman Sachs’ market-moving ability. Who did Farrell say Goldman “unloaded” on?
Guest Blogger Vince Farrell marvelled at Goldman Sachs’ market-moving ability. Who did Farrell say Goldman “unloaded” on?
Yesterday they unloaded on Citi and GM and those stocks got hit. Goldman effect?
As I noted earlier, my strategy has so far been not to be long Citigroup. It gets low marks for earnings quality, price momentum and free cash flow in the models I follow. As for GM, it doesn’t even qualify to run through the models.
Like this article? Why not try out:
Topics: Citigroup (C), Money Center Banks, CNBC Trivia, Financials, General Motors (GM), Autos | RSS
