will GE survive
- Thread starter NY_HOOD
- Start date
Single digits. No doubt about that. Then a buyout by another company. I guess that they cant cook the books to hit their Q numbers like in Jacks day.
They should. It would take 2 years before they hit 28 a share though again. GE is being dumped with all the other stocks out there on the open market due to heavy redemptions.
You would be surprised at what percentage GE compromises your typical mutual fund. (1-3% typically)
If you have a 10-15 year span and you are going to hold,write calls on the stock you should be okay.
Look at TXT,UTX,AA,MT,DOW,BA,PPG,SI,HAL
Look at 1 year, and YTD. Lots of liquidation going on in these larger names. AA is worrysome though.
You would be surprised at what percentage GE compromises your typical mutual fund. (1-3% typically)
If you have a 10-15 year span and you are going to hold,write calls on the stock you should be okay.
Look at TXT,UTX,AA,MT,DOW,BA,PPG,SI,HAL
Look at 1 year, and YTD. Lots of liquidation going on in these larger names. AA is worrysome though.
I disagree. I have learned the lesson that a downtrending stock will keep downtrending until either the company goes out of business or some type of miracle occurs.
GE seems like a "good stock" that can do no wrong, but its usually those stocks that f8ck you the most.
It will keep going down until it doesnt or until it hits the pinks. GE is done, toast.
GE seems like a "good stock" that can do no wrong, but its usually those stocks that f8ck you the most.
It will keep going down until it doesnt or until it hits the pinks. GE is done, toast.
Aren't you the guy who loaded up on FRE/FNM saying it was a great buy?
I would like some fundamental insight into your predictions.
In the meantime I will continue to milk this GE options cash cow.
Anyhow I have a different outlook on GE and I do like GECS. It is a rough market and lots of players are going to go on the wayside leaving less competition and more business in the future for the survivors. They are getting spanked and GE is my distressed equity pick for my portfolio.
I like GE at these attractive prices for a 10 year horizon.
I would like some fundamental insight into your predictions.
In the meantime I will continue to milk this GE options cash cow.
Anyhow I have a different outlook on GE and I do like GECS. It is a rough market and lots of players are going to go on the wayside leaving less competition and more business in the future for the survivors. They are getting spanked and GE is my distressed equity pick for my portfolio.
I like GE at these attractive prices for a 10 year horizon.