VictorLin
2023-01-18

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@longlive100：
The stock is still double than prepandemic level. The only addition to the portfolio is retail banking. The retail business is going down the drain with increasing rate as no one is making loans anymore. I think even with much optimism stocks valuation is still between 200 and 250. It's just how long banks are going to deny the facts. Surprised the stock is not down 20% after the latest losses in revenue from consumer banking, trading and asset management fees and increases in operating expenses. The stock should be more in line with a price of $305. Do not see any upside despite layoffs as they have those every year!!! $Goldman Sachs(GS)$
The stock is still double than prepandemic level. The only addition to the portfolio is retail banking. The retail business is going down the drain with increasing rate as no one is making loans anymore. I think even with much optimism stocks valuation is still between 200 and 250. It's just how long banks are going to deny the facts. Surprised the stock is not down 20% after the latest losses in revenue from consumer banking, trading and asset management fees and increases in operating expenses. The stock should be more in line with a price of $305. Do not see any upside despite layoffs as they have those every year!!! $Goldman Sachs(GS)$

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