Goldman Sachs: Green This Morning, Hurricane Tonight?
Great article… definitely recommend a full read. Follow the link at the end of this post…
Last night, Goldman Sachs (GS) announced its first-quarter earnings early, following Wells Fargo’s (WFC) early release last Thursday.
From my perspective, corporations only accelerate positive earnings news under 2 conditions: a) There’s serious market doubt about the ongoing viability of the company, or b) The company wants to take advantage of the good news to issue securities (debt or stock), and the lawyers require updated disclosure.…
I believe that companies only issue common stock under 2 circumstances: a) when they absolutely have to, and b) when they’re stupid not to.
Full article from Minyanville here.
