GE Options Traders Increase Bets That Shares Will Decline to $2.50 by June

[KINGOFSHORTS]

Quote from Syprik:

Having grown up near a major GE research center in upstate NY and completing part of the GE Edison program, pisses me off to no end the way this company has been run into the ground over such poor foresight (ala GE Capital). An icon of American engineering/ingenuity turned into a greedy circus show run by incompetent fools. Damn.

What happens when You have this running the helm. Now that they want to retire they need to find that bus and some tents

 

[ByLoSellHi]

Go to my This American Life 'Bad Bank' podcast thread or my thread on the new trillion dollar bailout that will now be likely to be needed to bail out failing pension funds - yes, hundreds of thousands/millions of Americans are losing their pensions, and taxpayers will have to bail them out, too.

There is no end to this madness.

That's why it's logical, and not 'doom,' to conclude that the problems are too big for the remedies this time.

Unfortunately.

 

[KINGOFSHORTS]

Hey if GE gets to 5 Guess what. Margin call cascade sell off.

This will be interesting.

 

[4444CJones4444]

Options 101: One's interpretation of volume is usually incorrect.