Wednesday, November 11, 2009
A play for Wall Street cynics
Nothing changes on Wall Street?
No regulation of dark pools and algorithms?
Is that what you think?
Then take a look at Investment Technology (ITG 20.33).
I like it here. After all, its market cap is $888 million!
It's also pulled back 9 points from its high.
And Uncle Sam--I mean Goldman Sachs likes it at these levels.
But you have to comb thru this morning's research, which really didn't have anything worthwhile, except for a blip on that, on page 6 and 7, with their NYC bus tour of 2009.
Now I know that's not a name a lot of you traders like, but the Q4 cut to .38 from .41 is already in the stock, and they have $10 in cash.
But then I like buying when they are on sale, and selling when they are dear.
GS main 1111
Posted by Palmoni at 5:57 PM