GE - General Electric

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Mar 31, 2016.

  1. TomB16

    TomB16 Well-Known Member

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    The GE earnings call was better than expected. Apparently, austerity measures and divestitures are going well.

    Grounding of the 737 Max is hurting them a bit and will cut deep if it continues past summer.

    I'm happy for GE that they continue to recover from what seems like some gross mismanagement. On the other hand, I still don't trust the company sufficiently to invest in it.
     
  2. A55

    A55 Well-Known Member

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    Screenshot_2020-08-25-21-04-14_kindlephoto-535948191.png
    This guy also said: Buy Bear Stearns
     
  3. The Brontide

    The Brontide Active Member

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    Boy howdy, that's the understatement of the year.

    They are selling everything of value to try to keep certain sectors.

    All to counter the after effects of lying to shareholders for years by faking numbers to support an otherwise unsupportable dividend yield.

    The house of Ponzi cards finally came down, and so went the old CEO too.

    So there is hope maybe.

    But a big blue chipper it no longer be.
     
  4. A55

    A55 Well-Known Member

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  5. SweetApple

    SweetApple New Member

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    Its time the market is getting to high this is the value long buy .
     
  6. A55

    A55 Well-Known Member

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    GE still has a huge amount of debt.

    With the exception of jet engines, most of GE products sell. There is cash flow. But it's a long way from paying back what the last CEO stole.
     
  7. roadtonowhere08

    roadtonowhere08 Active Member

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    I was wondering when you were going to post a string of images like that, A55.
     
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  8. A55

    A55 Well-Known Member

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    Sometimes I wonder if people actually watch Jim Cramer for his wisdom and advice. Or if anyone remembers how much bad advice he gives. When he's reassuring the audience that nothing is wrong. As the building is on fire.
     
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  9. TomB16

    TomB16 Well-Known Member

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    One year on, it would seem Mr. Markopolis' report was either wrong or over estimated the magnitude of the problems at GE.

    We're starting to see a small up turn in the share price.
     
  10. TomB16

    TomB16 Well-Known Member

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    $200m fine for misleading investors.
     

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