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General Electric

Posted on 1/22/18 at 6:03 pm
Posted by beachdude
FL
Member since Nov 2008
5664 posts
Posted on 1/22/18 at 6:03 pm
Anybody else here own GE stock? What are you doing with it? Anything?
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 1/22/18 at 6:11 pm to
I just bought some.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 1/22/18 at 6:43 pm to
Hell no
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167543 posts
Posted on 1/22/18 at 6:50 pm to
I too like lighting my money on fire

I have had it on my watch list forever but can't bring myself to pull the trigger and now with the new CEO talking of splitting up into separate companies tells me he knows it's bad. It will be a LOOOOOOOOONG turn around if it happens or you might become a bag holder.
This post was edited on 1/22/18 at 6:52 pm
Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 1/23/18 at 9:26 am to
If it hits 12-14, I will likely buy some. But then again, how much cash are you going to put in it and how likely are you to hold it for 2-3 years?

They won't see $30 a share again for years.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36766 posts
Posted on 1/26/18 at 6:46 pm to
I sold before it dipped. made like $2 on the whole thing.

I am hesitant to buy more till I see some steps in the right direction. changing out immelt for flannery was a good move.

GE just needs to cut the fat. and focus on the market sectors that they dominate. predix is a pretty big deal as well in my opinion.

also had a former GE employee tell me that GE actually invented some of the tesla IP and as soon as Tesla turns a profit itll come up. not sure how reliable that info is. he was pretty high up in GE though.
Posted by Jag_Warrior
Virginia
Member since May 2015
4134 posts
Posted on 3/23/18 at 5:00 pm to
As the old saying goes, "if you liked it at $15, you'll love it at $13."
Posted by OceanMan
Member since Mar 2010
20034 posts
Posted on 3/25/18 at 10:49 am to
I have owned since 08. I’ll most likely hold but I don’t love it.
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