RECALCULATING. Layoffs imminent!!!
19 replies (most recent on top)
GE has lost 3% over 10 years?? You're forgetting the 6 that goes in front of the 3 lol . did you actually believe this? Your TA is top notch
Nobody's worried about that, everyone is getting rich off the dividend payout!! 😂😂😂
LC is just trying to get the stock to $30 a share so it's easier to split.
Both LC and GE are laughing stock of Wall St. No one takes them seriously any more.
How's the stock looking now that the lawsuit with Siemens is over???
Larry is out of rabbits, time for some action that will get the stock moving in the right direction... if there are people standing around or leaning on brooms, you know what's coming.
If the T’s would make some good quality product here in Schenectady the stocks might be higher. Be ready for the big restructuring to hit 273 and 66 it will be big. Service orders are down supply chain issues and the stock market crash= a large quantity of T’s out the door I’d say the bottom 125 on the streets for starters.
Anyone that still had stock before the split game took place cant possible be a adult? Who in their right mind would think they could be safe in holding GE stock? Those that listen to all the wrong people, and for that, those that hold the stock, deserve to loose everything that they loose!
I looked at the Fidelity 401k page yesterday and saw that the investment performance for GE stock year to date was a negative 29% and the 10 year performance was a negative 3%. A money market account did better. But all we hear is “continuous improvement” throughout our management teams. It sure ain’t the stock baby!
Hopefully GE will not be kicked out from S&P index like Dow index,
it will get close to its pre split price. Larry really knows how to lean
Be afraid. Very afraid
Layoffs are eminent very soon for power and aviation. Schenectady will get hit hard this time around they make junk anyways. To many unskilled workers in 273 and 66.
What a tragedy!
All we hear from upper management are the usual buzzwords like lean, lean, lean, kata, lean, kaizen, sensei, and more lean. It’s all a façade. There’s no growth. Selling business’ to save a few that can’t be sold. Yet. People are leaving and can’t be replaced. Competent people anyway. What a mess.
GE stock is worth 3.00 pre reverse split, so when its down to 25-30 a share it will just about where it belongs. The company is a steamy pile of dung and until major management changes take place, it will continue to slide deeper in the gutter.
Aviation and Power will see layoffs soon... no demand on those markets.
And a recession will arrive at the end of the year. It will take years to recover. Inflation is not leveling out nor receding. The supply chain is broken. It’s going to be a long, hard ride. Hang on tight!