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Crying All the Way to the Bank

On Monday Goldman bulls were reaching for Kleenex, wiping tears from their eyes after a widely followed analyst gave them every reason to cry.

According to Sanford analyst Brad Hintz, (he's a former Lehman CFO), snow will fall, flowers will bloom and you’ll open your summer house again before its time to buy this stock.

Brad Hintz cut price targets and earnings estimates for Goldman pretty aggressively, to a loss of 20 cents per share, from a previous profit estimate of $3.38 per share, saying a capital markets rebound will not happen until 2013.

"In essence we're saying the cyclical recovery of the banks has been pushed out another year here,” he says. “There's nothing that really argues to jump in."

"Hintz cut his price targets pretty aggressively,” muses Guy Adami. “I agree banks are not buys right now.”

However it takes two sides to make a trade and top hedge fund manager Whitney Tilson sees the situation a little differently.

Tilson is a buyer of Goldman here and now.

"I understand the bearish argument but the stock is just way too cheap. Goldman is trading at a 30% discount to book value. At the end of the day it’s the premiere investment banking franchise in the world. We may be early but we think it’s cheap enough to get in.”

In case you're wondering, Tilson is also constructive on other financials. He says he’s also holds long positions in Wells Fargo, Citi and a little bit of JPMorgan.







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Trader disclosure: On Sep 26, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Terranova is long VRTS; Terranova is long OXY; Terranova is long HOS; Terranova is long OIH; Terranova is long CVI; Terranova is long AXP; Terranova is long EMC; Terranova is long WFM; Terranova is long AMZN; Terranova is long WFC; Terranova is long AAPL; Terranova is long IBM; Terranova is long Silver puts; Finerman and Finerman’s firm own AAPL short calls; Finerman owns (BAC) and Finerman’s firm own (BAC) leaps ; Finerman owns GOOG; Finerman’s firm owns IBM; Finerman’s firm owns JPM leaps; Finerman’s firm owns M; Finerman and Finerman’s firm own MSFT; Finerman and Finerman’s firm own ORCL; Finerman owns IWM; Finerman owns MDY; Finerman owns SPY

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
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Virtus Investment Partners Owns More Than 1% Of Domino's Pizza UK & IRL PLC

For Whitney Tilson
Tilson owns (BRK.B)

For Brian Kelly
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CNBC.com with wires.