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Most Online39,925 Dec 30th, 2023
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Re: GE ..... Buy???
[Re: Huckleberry]
#12592097
01/23/18 06:17 PM
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Joined: Dec 2012
Posts: 22,668
lconn4
TFF Guru
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TFF Guru
Joined: Dec 2012
Posts: 22,668 |
Had I bought yesterday I would be selling right about now. It's all down hill from here to the close today. Then sell now and buy back at close.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12592175
01/23/18 06:59 PM
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Joined: Aug 2008
Posts: 6,116
Billy Blazer 300 HPDI
TFF Celebrity
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TFF Celebrity
Joined: Aug 2008
Posts: 6,116 |
I'd have to pass on GE. They took their culture so far they just screw everything up. GE got rid of a bunch of people, they screwed up everything they touched. But it was to late. GE needs to Six Sigma stupid!!!
Thanks, Billy
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Re: GE ..... Buy???
[Re: dkershen]
#12592338
01/23/18 09:14 PM
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Joined: Apr 2005
Posts: 16,200
Kay Dyson
HOT Mess!!!
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HOT Mess!!!
Joined: Apr 2005
Posts: 16,200 |
Remember.... Catching a falling stock and catching a falling knife have a lot in common Wisdom ^^ Seems like a big push by day traders imo, honestly feel it changes the natural algorithm of the markets movement.. Jm2c Whatever the case, the 401k is super sweet right now
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Re: GE ..... Buy???
[Re: Huckleberry]
#12593804
01/24/18 07:42 PM
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Joined: Jan 2009
Posts: 50,044
fouzman
Methuselah
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Methuselah
Joined: Jan 2009
Posts: 50,044 |
"Things turn out best for those who make the best of the way things turn out" - Zachary Troy Schrah - a young man with vision far beyond his years.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12593823
01/24/18 07:56 PM
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Joined: Jun 2011
Posts: 15,979
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 15,979 |
yep they bought a pump company a few years ago for a premium at about 2.2 billion, that most thought was worth about 1.2-1.5 then bought another big pump company about 8 months ago and put it all back on the market about a month ago. Theses pump companies make about 2 billion a year in revenue and net profit about 20-25% depending on oil prices. They are not going to make anything off of this and makes me think they are hurting bad with oil prices on the way. I wouldn't buy right now for sure.
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Re: GE ..... Buy???
[Re: fouzman]
#12593893
01/24/18 08:54 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 |
Doesn't seem investors are too worried about it though, only .38 down today after being up almost a buck yesterday ... weird!
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Re: GE ..... Buy???
[Re: Huckleberry]
#12593917
01/24/18 09:15 PM
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Joined: Feb 2008
Posts: 18,152
krawlin 47
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 18,152 |
Why would you put money in this stale company when so many are performing at a much higher level over a long period of time.
GE has not done anything for 10 years but give back less than stellar returns. All around the market exist opportunities...not recovery imo.
Whether you think you can or you can't, you are probably right.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12594810
01/25/18 02:00 PM
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Joined: Feb 2004
Posts: 26,660
Bass_Bustin_Texan
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 26,660 |
GE no longer makes appliances.....they are still selling them on sale, but don't expect warranty and service from them.
With that being said....invest in them? heck no!!
You can avoid having ulcers by adapting to the situation: If you fall in the mud puddle, check your pockets for fish. ~Unknown
Open your eyes & look within, are you satisfied with the life youre living.
No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere else is desperately fighting for theirs.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12594835
01/25/18 02:12 PM
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Joined: May 2007
Posts: 40,635
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,635 |
BBT convinced me, I'll pass.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12595030
01/25/18 04:25 PM
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Joined: Jan 2006
Posts: 32,922
Scagnetti
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 32,922 |
Buy when theres blood in the streets.
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Re: GE ..... Buy???
[Re: Huckleberry]
#12595065
01/25/18 04:52 PM
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Joined: Jan 2008
Posts: 41,991
Ghost4BH
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 41,991 |
Apparently some think GE only makes appliances.
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