GE misses... futures turn red

B

blackjack007

ge is getting hammered after-hours.

es dropped 13 pts within 30 minutes of the earnings release.

those of you who went to bed when futures were green will have a nice surprise at dawn.
 
I'm not surprised the Fed/PPT didn't come out and cut 25 basis points due to systemic risk of GE missing by 7 cents. :D
 
Quote from cszulc:

I'm not surprised the Fed/PPT didn't come out and cut 25 basis points due to systemic risk of GE missing by 7 cents. :D
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I here they are setting up a term lending facility for GE as we speak.

This will be funded with your tax dollars.
 
that was a big miss by GE and the more important guidence was putrid. GE said most of the miss was due to its financial arm;which is another reason they need to get rid of that business. GE will weigh on the financials today.
 
Quote from Warrior4g:

that was a big miss by GE and the more important guidence was putrid. GE said most of the miss was due to its financial arm;which is another reason they need to get rid of that business. GE will weigh on the financials today.
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GE is down 3.75 ..but they might take this sucker down much much more....we will see...it does not get worse than this news
 
Quote from gimp570:

GE is down 3.75 ..but they might take this sucker down much much more....we will see...it does not get worse than this news
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Dont be surprised if these idiots turn GE and the rest of the market back up.. I'm so sick of this nonsense of market rallying on bad news, I've gotten gun shy shorting.:mad:
 
Quote from NQscalper:

Dont be surprised if these idiots turn GE and the rest of the market back up.. I'm so sick of this nonsense of market rallying on bad news, I've gotten gun shy shorting.:mad:
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not in GE today....this is BIG BAD REAL news...nothing is going to save a big draw down in ge
 
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