At this oversold circumstances GE should retest $24-25 area before deciding further direction. Resistance could be around $27.
The bear is still there,the price slipped lower and lower day by day,let's see thisMonday price direction.
I personally can't stand to buy a stock on green days. Seeing people say "strong buy now" makes me cringe. Glad I got in @ $23.70
No one would sell it now. This big Elephant finally wake up. It would be bouncing back and rocket up to the moon. See you at $32 next week
Immelt leaving early is a plus! Holding is the best option here. Collect those divys and be patient. Will go back up someday
Looks like coming back to 25-26 level... Since cutting dividend was a bs from short sellers. Do you still trust Analysts?
On CNBC they were discussing if it was possible that GE may get dropped from the Dow. Its the oldest company in the Dow!
Yep, when it was one of the bellwethers (the leading sheep of a flock, with a bell on its neck). It was simply referred to as "the" general.
I'm surprised no one here is talking about ge. I have no position but this is starting to get more and more tempting for me. It reminds me of when apple dipped to the $80s last year. Any thoughts?
I might buy it when I begin to position myself for Year 2018. I like to buy stocks for longer term when almost everyone hates the stocks
We could see $19's then an announcement of NO dividend cut will bounce this back to $24 via short covering in short order.
I probably would be a buyer if it gaps down after announcing the dividend cut I am not sure that not cutting the dividend would help the stock price at this point
