GE has strong values and comes back to basics. JF herited from a bad situation. JF is a good financial analyst coming from healthcare. The he set today, can bring back GE to growth in the middle term. Cutting dividend is a courageaous initiative (even if i own GE share). GE is changing his software minding and connecting to reality.
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Hey can you write this again in English then go and get an education. Unbelievable.
GE stock price has dropped $2 since this was posted. If you followed this advice you'd be down 10% on your investment right now. Classic advice here is "don't try to catch a falling knife". GE will be a good investment again some day. That day is just not now.
Yes. This is a rare opportunity to take advantage of a sure thing. This one's going LOWER!
Short short short, all day long, short short short while I don't this song. Gonna short GE, gonna make some shine. Gonna wash away my layoff with turpentine.
Good luck everyone!
Naw...right now the Blue Kool-Aide tastes like Jeff Immelt and his CFO and most of the board just Sh%t in my mouth.
Maybe I’ll flip a coin then
No, GE is not a good stock to buy. Cutting the dividend for the second time since 2008 is totally unacceptable. The earnings forecast for the next year is dismal. Even after selling off much of GE, incompetent leadership will be left to steer the sinking ship. I can think of lots of stocks that I’d rather own than GE,
I’m just a lowley union worker eating mini chocolate chip cookies right now...what the heck... the only advice I’ve gotten about stock is “buy low,sell high”.. and I think I heard that in a movie
Does the blue GE kool aid taste like almonds to you too?
look for the stock to drop to close to $10, further sell offs and in the end there may be one business left with GE name
As a a stock, GE is a bad investment right now and for the next 3+ yrs. Earnings or $1.00 to $1.05 this year and next, no sight beyond then. Using an historical PE ratio of 15 (which is high for our current 0 growth) this stock is worth $15 and has not found it's bottom yet.
Blue...it's Blue Kool-Aide. With a big slice of the GE Meat ball.
I know ..remember the Jonestown incident in Nov. 1978 ....drink the purple kool-aid GE followers !
FYI, analysts practically NEVER tell you to sell. They are cheerleaders whose job is to pump the market. The fact that you dont know this is proof you are either a scammer or clued out. In either case your advice is to be ignored.
Wow, keep guzzling that Kool-Aide.