Skip to comments.Yahoo shares fall after Goldman derides company(perpetually misguided company)
Posted on 12/15/2011 3:38:28 PM PST by TigerLikesRooster
Yahoo shares fall after Goldman derides company
AP Wed, Dec 14, 2011.
SAN FRANCISCO (AP) Yahoo shares dropped Wednesday after Goldman Sachs advised investors to sell the struggling Internet company's stock.
THE SPARK: Goldman Sachs analyst Heath Terry depicted Yahoo as a perpetually misguided company that will have trouble competing against more innovative rivals that have been forging ahead with compelling products that are winning over consumers and advertisers.
Yahoo Inc. has spent much of the past three months evaluating whether it makes sense to sell all or part of the company, but Terry predicted the outcome of that review will probably aggravate already frustrated investors.
(Excerpt) Read more at news.yahoo.com ...
I am not sure about this particular case, but overall Goldman Sachs is a 'perpetually misguiding company.'
Goldman success plan:
1 - Talk a company down.
2 - buy it.
3 - Talk it up.
4 - Sell it.
5 - Repeat.
6 - Donate to Obama Campaign.