Goldman Sachs Downgrades Microsoft to Sell

Jon C. Ogg's avatar24/7 Wall St.

Goldman SachsFirst it was gold and now it is Microsoft Corp. (NASDAQ: MSFT). Gold took a pounding yesterday when Goldman Sachs Group Inc. (NYSE: GS) said it is time to sell gold. Now it is Microsoft’s turn in the barrel. The software and tech giant just got some serious caution issued against the company ahead of the company releasing its third-quarter earnings report, as Goldman Sachs lowered its already cautious Neutral rating down to Sell.

Goldman Sachs also lowered its price target to $27 from $30. If Goldman Sachs is right, then Microsoft shares are being set up for a 10% fall. In our own poll ahead of earnings season, some 65% of the respondents said that Apple Inc. (NASDAQ: AAPL) would respond better to earnings season than Microsoft, with only 35% of the votes. Maybe that is insight, or maybe that poll is investors…

View original post 124 more words

NY Gun Confiscation Underway – Citizens Told to Turn in Pistol Owner ID & Firearms

The Grey Enigma's avatarThe Grey Enigma

“…John Doe, an upstanding professional with no outstanding criminal convictions and no history of violent action received a letter from the Pistol Permit Department informing him that his license was immediately revoked upon information that he was seeing a therapist for anxiety and had been prescribed an anxiety drug. He was never suicidal, never violent, and has no criminal history. The New York State Department of Health is apparently conducting a search of medical records to determine who is being treated for anxiety drugs and using this as a basis for handgun license revocation.

Those are the facts. Nothing more, nothing less…

via NY Gun Confiscation Underway – Citizens Told to Turn in Pistol Owner ID & Firearms.

View original post

“This oil is going to get to markets. The only question is what market is it going to get to.” – CHINA !

Create a website or blog at WordPress.com

Up ↑