A sputtering economy, implosions at financial institutions, or just plain bad management -- on any given day, investors can name a number of reasons to sell a stock. Yet while panic is never beneficial to investors, it's good practice to play devil's advocate with investments from time to time.
In Motley Fool CAPS, more than 125,000 members have weighed in on nearly 5,400 stocks, sharing bullish and bearish opinions alike.
In the case of investment-bank-turned-bank-holding-company Goldman Sachs
Out with the old: Like Morgan Stanley
Writedowns and losses: In a period when Lehman Brothers went down and Merrill Lynch
High uncertainty: A high level of uncertainty still looms around banks and companies that hold potentially toxic assets that are difficult to accurately value. To reflect the continued deterioration of the changing banking industry, Standard & Poor's recently cut its credit rating on Goldman and UBS
Of course, Goldman Sachs has survived and thrived despite dozens of obstacles in the past. But the question about whether the company can recover in these unprecedented times is why CAPS is such a great resource to augment your own analysis.
- Danger! Horror! Get Out!
- Insure Your Portfolio Against Huge Losses
- 9 Things You Should Do Instead of Buying Stocks
On Jan. 12, 2009, Fool co-founder David Gardner, Jeff Fischer, and their Motley Fool Pro team will accept new subscribers to their real-money portfolio service. Motley Fool Pro is investing $1 million of the Fool's own money in long and short positions in a range of securities, including common stocks, put and call options, and exchange-traded funds (ETFs). They also incorporate proprietary CAPS "community intelligence" data into their research. To learn more about Motley Fool Pro and to receive a private invitation to join, simply enter your email address in the box below.
Fool contributor Dave Mock can't think of enough reasons to sell his pog collection. He owns no shares of companies mentioned here. Bank of America is an Income Investor selection. American Express is an Inside Value pick, and the Fool owns shares of American Express. The Fool's disclosure policy has never regifted, even when it gets fruitcake.