Is GE setting up for a break out ? analysts say GE, without the financial arm, is worth DOUBLE what it's worth now. what u guys think ? http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
BREAK OUT?????????? HAHAHA It already broker out, its up over 100% in only 2 months, do you really think this is going to double over the next 2 months. Come on, manipulation is pushing this market higher.
HAHAHA, uhhh, in case u haven't noticed, ALL STOCKS have gone up at least 100 percent from last march. Except your short trade of course. GE just barely hit the double (100 percent mark) just recently, it has way more stability and business potential than many of the stocks that have tripled and quadrupled since march low. GE was trading in the 18 dollar range in mid december of 2008, which is where this stock should be at. the recent GE news on partnership with stem cell companies is very promising and the market seems to have not yet reacted much to it. IMO once all this bank rally is done, funds will pull out and park it in GE. just my two cents.