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General Electric Stock
Posted on 8/10/18 at 11:30 pm
Posted on 8/10/18 at 11:30 pm
Rarely would I seek this kind of advice. I bought GE two years ago at $30/share, primarily for the dividend. (In consultation with and upon the advice of my Morgan Stanley broker.). It is now worth $13/share and the dividend was cut in half last November. Anybody else still hold this? Should I just sell this, get a bottle of tequila and walk away or what?
4
Posted on 8/10/18 at 11:39 pm to beachdude
closed at 32.26/share so u still good
Posted on 8/10/18 at 11:57 pm to beachdude
Nah keep holding. May take a while but I believe they’ll come back
Posted on 8/11/18 at 12:03 am to beachdude
It's a dog with fleas.
Posted on 8/11/18 at 8:08 am to beachdude
Personally, I’ve been buying $100 per month for the last few months through their DRIP.
1) I think they will recover making the current price a steal
2) the current dividend isn’t that bad. It’s the optics of where it is today vs where it was that causes so many people heartburn
My $0.02
1) I think they will recover making the current price a steal
2) the current dividend isn’t that bad. It’s the optics of where it is today vs where it was that causes so many people heartburn
My $0.02
Posted on 8/11/18 at 2:50 pm to Mr.Perfect
Thx
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