GE CEO "earnings are in the bag"

Thats what he said a few weeks ago WOW!

 

The bag that the longs are now holding?

 

Hm, could mean the economy is to blame, no?

 

so many talking heads prior to earnings were so upbeat about GE and that it was a great investment, guess they were all WRONG........GE should have prewarned on earnings, that miss is just to far to even think that GE is still a good investment, I think GE heads back down to the upper 20's.

 

Hum I think I have seen this before, like 2001 comes to mind.

 

Not to worry.

Now the analysts are saying the valuation is good.

It is always good times for the analysts.