GE numbers on Friday - much worse then expected

[Port1385]

Looks like GE is tanking everyday even during a strong market. The word is that GE's numbers are going to be much worse then expected. Those in the know are selling it off. When the news breaks on Friday, then that will be the real selloff.

 

[Illum]

Didn't they already report? This may be about their financial units and government taking a chunk of flesh next time they ask.

 

[total_keops]

Quote from Illum:

Didn't they already report? This may be about their financial units and government taking a chunk of flesh next time they ask.

23-Jan-09
See you on 17-Apr-09 BMO, lol.

 

[Illum]

GE Capital Sells FDIC-Backed Hong Kong Dollar Bonds (Update1)


http://www.bloomberg.com/apps/news?pid=20601103&sid=aKoXS9o0ENns&refer=news

 

[bond_trad3r]

Quote from Illum:

GE Capital Sells FDIC-Backed Hong Kong Dollar Bonds (Update1)


http://www.bloomberg.com/apps/news?pid=20601103&sid=aKoXS9o0ENns&refer=news

Hong kong dollar wut?

 

[stock_trad3r]

Quote from Port1385:

Looks like GE is tanking everyday even during a strong market. The word is that GE's numbers are going to be much worse then expected. Those in the know are selling it off. When the news breaks on Friday, then that will be the real selloff.

Market will rally

 

[nazzdack]

Quote from Port1385:
.....the real selloff.....

Get out of "longs" before $10.01/share. :eek: