Goldman Sachs (last: 127.40)
by Rick Ackerman on April 30, 2009 4:10 pm GMT
After topping this morning within two cents of a 129.63 target given here earlier, Goldman shares have fallen as low as 127.25. The stock is currently trading for 127.40 and I am therefore recommending that anyone who shorted the top cover half of the position at or near these levels. You'll be on your own in managing what remains of your position, but keep in mind that another surge is possible to as high as $144 if the stock breaks above 129.65.
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