GE is a buy at 5 bucks

Quote from Port1385:
wishful thinking
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By law, many institutional investors have to get out at $10 and $5/share. Those price levels will become enormous resistance once broken. We'll see. :eek:
 
Quote from larrybf:

.....when it hits $0.50.......
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GE will offer 1 share of stock with each purchase of any incandescent light bulbs instead of giving a cash rebate. :cool:
 
What law is that???? 10 bucks or 5 bucks ? that makes no sense. Sure SOME funds have it in their rules that they cannot hold stocks that dont pay a dividend or are below 5 bucks but its a guideline, not a law by anyone or anything like that. In general, if the stock is below 5 for x period of time (as defined in thier investment objectives), they will liquidate. Just cause it hits 5 does not mean immediate panic - otherwise the SMARTEST short in the world would be at 5.00 or 4.99 for the easy money.
 
Quote from mucko:
......otherwise the SMARTEST short in the world would be at 5.00 or 4.99 for the easy money.
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Think about "it" calmly........and then take a profit. :cool:
 
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