Comments on: Goldman’s Conviction Buy List Gone Wrong http://www.bearishnews.com/post/370 Tue, 07 Sep 2010 12:41:09 +0000 hourly 1 By: Mike http://www.bearishnews.com/post/370/comment-page-1#comment-1847 Mike Tue, 08 Jun 2010 17:47:13 +0000 http://www.bearishnews.com/?p=370#comment-1847 For the record, here we are 2-years after the Goldman recommendations. After one year of dramatic loss and one year of recovery, the market is generally 20% lower than it was when the recommendations were made in spring 2008. I checked the current stock tickers of each of their recommendations. Some of their recommendations did poorly, some did really well (most notably Amazon and Apple, which would have each yielded you great returns). Overall, if you bought all of their convictions in 2008, you wouldn't be much far ahead or behind in relation to the broader market. So I would by no means claim their recommendations are instant must buy's - millions of people get them, after all. But I also don't see them as some conspiracy to short a stock. They are just amidst the noise at any given point in any stock -- one source says buy, the other says sell. Neither know for sure. For the record, here we are 2-years after the Goldman recommendations. After one year of dramatic loss and one year of recovery, the market is generally 20% lower than it was when the recommendations were made in spring 2008. I checked the current stock tickers of each of their recommendations. Some of their recommendations did poorly, some did really well (most notably Amazon and Apple, which would have each yielded you great returns). Overall, if you bought all of their convictions in 2008, you wouldn’t be much far ahead or behind in relation to the broader market.

So I would by no means claim their recommendations are instant must buy’s – millions of people get them, after all. But I also don’t see them as some conspiracy to short a stock. They are just amidst the noise at any given point in any stock — one source says buy, the other says sell. Neither know for sure.

]]> By: Mike http://www.bearishnews.com/post/370/comment-page-1#comment-1846 Mike Tue, 08 Jun 2010 17:37:42 +0000 http://www.bearishnews.com/?p=370#comment-1846 This is timescale abuse. It doesn't really make a profound point when you publish a bunch of stocks recommended in spring/summer 2008 and then compare their price to spring 2009, after the market had a history-making 40% plunge. This is timescale abuse. It doesn’t really make a profound point when you publish a bunch of stocks recommended in spring/summer 2008 and then compare their price to spring 2009, after the market had a history-making 40% plunge.

]]> By: The goldman rules http://www.bearishnews.com/post/370/comment-page-1#comment-1804 The goldman rules Tue, 18 May 2010 20:27:27 +0000 http://www.bearishnews.com/?p=370#comment-1804 I'm authoring a book on this very subject and would like to collaborate with you. -Bryan 813 484 1813 I’m authoring a book on this very subject and would like to collaborate with you. -Bryan 813 484 1813

]]> By: Adam http://www.bearishnews.com/post/370/comment-page-1#comment-129 Adam Thu, 23 Apr 2009 16:39:58 +0000 http://www.bearishnews.com/?p=370#comment-129 I wouldn't bank on that working all the time, and they seem to be able to drive up shares significantly in the short term. So a high-tolerance for pain, and large amount of cash, would be a requirement. And this was somewhat of a cherry-picked list. I'm sure Goldman's had some big winners too. Never underestimate the power of manipulation or irrationality of the markets. If anything, Goldman's influence on the markets has increased lately. Just browse through Zerohedge's archives... http://zerohedge.blogspot.com/2009/04/goldman-web.html I wouldn’t bank on that working all the time, and they seem to be able to drive up shares significantly in the short term. So a high-tolerance for pain, and large amount of cash, would be a requirement.

And this was somewhat of a cherry-picked list. I’m sure Goldman’s had some big winners too. Never underestimate the power of manipulation or irrationality of the markets. If anything, Goldman’s influence on the markets has increased lately. Just browse through Zerohedge’s archives…

http://zerohedge.blogspot.com/2009/04/goldman-web.html

]]> By: JohnKing http://www.bearishnews.com/post/370/comment-page-1#comment-124 JohnKing Wed, 22 Apr 2009 20:25:26 +0000 http://www.bearishnews.com/?p=370#comment-124 Thanks Jeremy, I just had a doh! moment. It does look like the "conviction" is on the sell side. Thanks Jeremy, I just had a doh! moment.

It does look like the “conviction” is on the sell side.

]]> By: Goldman “Buy List” a Contra-indicator? « Jeremy Sagan http://www.bearishnews.com/post/370/comment-page-1#comment-123 Goldman “Buy List” a Contra-indicator? « Jeremy Sagan Wed, 22 Apr 2009 19:30:25 +0000 http://www.bearishnews.com/?p=370#comment-123 [...] Goldman Sachs puts a company on their conviction buy list it may be a good time to sell them short. Here is the [...] [...] Goldman Sachs puts a company on their conviction buy list it may be a good time to sell them short. Here is the [...]

]]> By: JohnKing http://www.bearishnews.com/post/370/comment-page-1#comment-122 JohnKing Wed, 22 Apr 2009 17:14:37 +0000 http://www.bearishnews.com/?p=370#comment-122 Okay, great stuff but what is the profitable trade? It would seem that Goldman doesn't take risk, they simply rig trades, how can the rest of us take a ride on their coat tails? Okay, great stuff but what is the profitable trade? It would seem that Goldman doesn’t take risk, they simply rig trades, how can the rest of us take a ride on their coat tails?

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