Comments on: Thoughts on a crazy end of day (BP, GS, GOOG)

By: IS

IS — Sun, 18 Jul 2010 13:46:17 +0000

@TFB – Would love to buy all 3 and would think that at least 2 of the 3 would do well. But with the recent decline, Google has to be my top pick, no doubt!

@John – Well, I think GS has also suffered a lot from its damaged reputation so I would not say it has been a “small penalty”. But definitely a good thing that it is over now.

By: John

John — Fri, 16 Jul 2010 16:33:02 +0000

That’s incredible. Yeah a big relief for GS.

SEC said that the penalty was the largest ever imposed on a financial institution… and leaves the door open for future civil suits…

But many investors viewed half a billion dollars as just a slap on the wrist for a bank that earned more than $13 billion last year!!! Ouchh!!

By: The Financial Blogger

The Financial Blogger — Fri, 16 Jul 2010 15:32:14 +0000

so, would you buy BP, GS or GOOG if you had liquidity?

I like GS and GOOG. I’m not too confident on BP considering we don’t know the final impact of the breach (and if the problem is solved for good!)