Dog of the Dow - GE

[Clubber Lang]

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If you took the name GE off that chart and put Pets.com or some other shit company NOBODY would be looking to buy it.
GE’s books are a train wreck and their management has been criminally incompetent for two decades.
No reason to try to find the bottom here.
Maybe sub $10 you buy a few k and put it in the IRA for your kids as a lottery ticket.

 

[Troy Bombardia]

GE stock might make a technical bounce (short term), but it's long term is very bearish. The concept of a conglomerate doesn't work that well in the business world today.