Monday, 13 July 2009
Broken Arrow
Spoke to my CIT contact, no funding on the horizon there so am keeping my short in play until we reach rockbottom levels. I see Meredith Whitney has issued a buy rating on GS...Now I quite like this stock, and it has nothing to do with the fact I enjoyed some productive years there. GS are seeing increasingly reduced competition in markets where many of their bitter rivals have either ceased to exist or just cannot compete with the balance sheet resources available to GS. Their equity finance buisness was always a real winner and what I'm hearing could be generating big profits again.
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