Goldman Sachs (NYSE: GS) and Wall Street in general are bullish on this market darling, even after it has already fallen more than 45%.
Stocks around the world were in the green Monday as Greece agreed to the latest bailout – its third – and the threat of an immediate default and “Grexit” from the Eurozone faded.
President Obama just doomed millions of hardworking Americans to the unemployment line and, at the same time, just made it harder for every retailer – large and small – to turn a profit.
This is the last thing you want to see as an investor as well.
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Management is throwing everything it can at the proverbial wall to see what sticks.
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Most, unfortunately, have no clue how he actually does it.
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