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Dec 30th, 2023
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 Re: GE ..... Buy???
[Re: Huckleberry]
#12590685
01/22/18 09:31 PM
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Joined: Sep 2001
Posts: 2,043
bhking
Extreme Angler
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Extreme Angler
Joined: Sep 2001
Posts: 2,043 |
GE is too large and cumbersome to recover anytime in the near future. If you buy for a long term hold you will probably end up with a few spin off positions over the next few years. The only way to day trade this dog at this point in time is to short it. As previously mention many institutional investors are dumping GE right now. Wouldn't be surprised to see it end up in the mid single digits, and stay there for some time.
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Re: GE ..... Buy???
[Re: bhking]
#12590707
01/22/18 09:45 PM
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Joined: Apr 2014
Posts: 8,389
Jpurdue
TFF Celebrity
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TFF Celebrity
Joined: Apr 2014
Posts: 8,389 |
GE is too large and cumbersome to recover anytime in the near future. If you buy for a long term hold you will probably end up with a few spin off positions over the next few years. The only way to day trade this dog at this point in time is to short it. As previously mention many institutional investors are dumping GE right now. Wouldn't be surprised to see it end up in the mid single digits, and stay there for some time. Agree... Big fat and slow. You can throw a dart at a stock sheet and find a better investment.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591729
01/23/18 02:43 PM
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Joined: Mar 2010
Posts: 25,839
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,839 |
GE already up 40 cents and climbing. 
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591857
01/23/18 03:40 PM
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Joined: Oct 2007
Posts: 19,756
Huckleberry
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2007
Posts: 19,756 |
I didn't buy any yesterday .... 
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591864
01/23/18 03:42 PM
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Joined: Oct 2005
Posts: 85,945
John175☮
MACHO MAN
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MACHO MAN
Joined: Oct 2005
Posts: 85,945 |
I'm riding bitcoin to the bottom before I lock into that kind of risk.
“Do not pray for easier lives. Pray to be stronger men.†-JFK
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591875
01/23/18 03:48 PM
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Joined: Feb 2004
Posts: 68,324
Derek ðŸ
Queen of Bees
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Queen of Bees
Joined: Feb 2004
Posts: 68,324 |
Netflix would have been a good buy yesterday.
Ebolacane Researcher
CovidNado Chaser
McRib Pro Staff
Team Beans
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Re: GE ..... Buy???
[Re: Derek ðŸ]
#12591880
01/23/18 03:51 PM
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Joined: Mar 2010
Posts: 25,839
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,839 |
Netflix would have been a good buy yesterday. Sure enough would.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591895
01/23/18 03:59 PM
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Joined: Mar 2003
Posts: 18,283
Hookem
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 18,283 |
Netflix has been good since I bought 150 shares at 8.41 five years ago. Probably will sell a portion this year and move that money to dividend generating stocks, like GE.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591925
01/23/18 04:16 PM
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Joined: Mar 2005
Posts: 43,998
Tallgrass05
bill maher's protege
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bill maher's protege
Joined: Mar 2005
Posts: 43,998 |
Buy if you think management can get the company moving in the right direction so the stock price goes back up. I wouldn't buy it.
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Re: GE ..... Buy???
[Re: Hookem]
#12591931
01/23/18 04:19 PM
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Joined: Sep 2001
Posts: 2,043
bhking
Extreme Angler
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Extreme Angler
Joined: Sep 2001
Posts: 2,043 |
Netflix has been good since I bought 150 shares at 8.41 five years ago. Probably will sell a portion this year and move that money to dividend generating stocks, like GE. GE is cutting dividends. There is nothing attractive about GE right now.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591936
01/23/18 04:21 PM
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Joined: May 2002
Posts: 5,736
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,736 |
GE stock has performed terribly during one of the greatest bull markets in history. So much for a rising tide lifts all the boats. What do you think will happen to GE when the market finally heads south? Negative beta stock? I don't think so. Just a sad case of a once-great company that is dying a slow death due to awful leadership. And I suspect IBM is another example of this.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591940
01/23/18 04:23 PM
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Joined: Dec 2012
Posts: 22,551
lconn4
TFF Guru
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TFF Guru
Joined: Dec 2012
Posts: 22,551 |
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591978
01/23/18 04:50 PM
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Joined: Jul 2009
Posts: 1,539
dkershen
Extreme Angler
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Extreme Angler
Joined: Jul 2009
Posts: 1,539 |
Remember.... Catching a falling stock and catching a falling knife have a lot in common 
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Re: GE ..... Buy???
[Re: Huckleberry]
#12591984
01/23/18 04:54 PM
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Joined: Mar 2010
Posts: 25,839
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,839 |
Huckleberry was talking about day trade on GE. Up 53 cents today from yesterday. Would have been some easy cash.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: GE ..... Buy???
[Re: Huckleberry]
#12592036
01/23/18 05:43 PM
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Joined: Oct 2007
Posts: 19,756
Huckleberry
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2007
Posts: 19,756 |
Had I bought yesterday I would be selling right about now. It's all down hill from here to the close today.
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