General Electric - new position

AT&T or Xerox maybe.

 

Change your mind?

 

No, the stock has been underperforming and you insisting on proving obvious by comparing it to indexes close to their all-time high. I stand by my plan to accumulate LEAPS and buying puts short term.

 

Curious style. (If it gets down to $5, suggest buying calls.)

 

Based on what?
GE trades on fundamentals. I have yet to see a reason to jump in based on anything other than "it looks cheap".
$87 Billion in debt and a FCF of .50/share?
What do you see?

 

I haven't touch stocks for decades.
It was shocking to see GE price went down that much.

 

I told you when ENDP was below 6 that Americans Love Synthetic Heroin.

And for GE under 12, Americans Love Electricity...that's the driver.

 

GE used to have the largest market cap during Jack's time. Now, it's one tenth of AAPL and shrinking fast. When a company is in cost cutting phase, how to invest in the future? It will be a mother of all comeback if GE succeed.

 

Remember, Americans Love Electricity.

I've become even more confident that GE has bottomed.

 

The trend is the trend is the ........ trend.