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re: any thoughts on GE

Posted on 10/20/17 at 8:12 am to
Posted by LSUneaux
NOLA
Member since Mar 2014
4495 posts
Posted on 10/20/17 at 8:12 am to
Jim Cramer is MAD (no pun intended) about GE's earnings. He's saying things like he is not going to sugarcoat things, and that "this is a disgrace!" and that if they can't call a spade a spade on tv, then they should be in new professions. Lol. I've never seen him in a bad mood before.
This post was edited on 10/20/17 at 8:13 am
Posted by TigerDragon435
South of Canada
Member since Oct 2017
188 posts
Posted on 10/20/17 at 8:29 am to
Worked for GE for 11 years in the mid 90's, lucky enough to have caught the tail end of the Welch years. Immelt was a buffoon and had the business intuition of a tree sloth. He drove the business into the ground and created the dog of the Dow. Extremely happy he is gone, can't believe the board let him do that much damage.

I still own a lot of stock but am doubtful it will ever see 30 again.

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