GE sets new 52 week low


Hoid
#91
GE has long since left the world of 52 week lows and is now at a multi year low.

Your hint was when I mentioned that it was below 2008 lows
 
petros
#92
And?
 
Hoid
#93
GE is setting up to take down the big 5 banks in a debt tsunami.

https://www.bnnbloomberg.ca/ge-could...anks-1.1171615
 
taxslave
#94
Quote: Originally Posted by Hoid View Post

GE is setting up to take down the big 5 banks in a debt tsunami.
https://www.bnnbloomberg.ca/ge-could...anks-1.1171615

Should try reading the article.
 
Hoid
#95
under 8 bucks now

Why are you even here st this point cheerleader biy?
 
coldstream
#96
Thanks a lot Jack Welch. He essentially took Thomas Edison's venerable, century old, producer of quality consumer electronics, appliances and industrial generators and aircraft engines and turned it into a 'player' in the derivatives and speculative games of global finance. He gutted the culture of innovation, long term research and investment for short term profit spikes without any kind of product or consumer focus.

The corporate culture of GE became one of fear, backstabbing, downsizing and conformity to immediate results with massive payouts to executives in stock incentives; with no planning horizon further than the next quarter or year.

GE Capital has now been chopped up and sold off beginning in 2015. But GE has been unable to rebuild its reputation. It seems likely now the entire corporation will be sold off piecemeal to 'maximize shareholder value' and will simply disappear int the next few years. OId Tom will be spinning in his grave.
 
Hoid
#97
$7.15 new low posted today.

the massacre continues.
 
Hoid
#98
Ge hits $6.99 before closing at $7.01

short interest is dwindling and the bottom may be in sight.

if you bought at $18 that's a shame.
 
Curious Cdn
#99
GE stock = bumfodder
 
Hoid
#100
GE hits $6.75 and closes under $7 at $6.93

on 19 Dec the one cent dividend gets paid and that Thursday and Friday might be a good time to buy some of this ish as a trade.
 
Walter
#101
Good time to buy.
 
Curious Cdn
#102
Quote: Originally Posted by Walter View Post

Good time to buy.

Not yet, Walter.

It goes lower than that.
 
taxslave
#103
Someone is making billions off of this.
 
MHz
#104
Quote: Originally Posted by Walter View Post

Good time to buy.

You spelled 'bye' wrong. Just sayin, . . .
 
MHz
#105
Quote: Originally Posted by taxslave View Post

Someone is making billions off of this.

I wonder who that could be??? No tracks of any kind, obviously the work of professionals.
 
taxslave
#106
No idea who, nor do I much care. Pension funds perhaps. Short selling can work really well if you control both the information and a sizeable percentage of the stock.
 
Curious Cdn
#107
Quote: Originally Posted by MHz View Post

I wonder who that could be??? No tracks of any kind, obviously the work of professionals.

How about, the Chinese.
 
MHz
#108
China isn't a capitalist country, they have too many poor that they are letting live for that to be the case. Walnut must know a lot as he won't go near that part of 'their ways and means' in the 'pay to play' world.
https://sputniknews.com/us/201812151...on-foundation/
Although the former government forensic investigators previously shared the relevant documents more than once with the FBI and IRS, this time, at a congressional hearing they opted to reference them without handing them over to the committee.

Fraud investigators have revealed the Clinton Foundation’s "impropriety" in a Congressional hearing, referring to it as a virtual foreign agent acting in “its principals’ personal interests”.
Former government forensic investigator John Moynihan and his ex-colleague Lawrence Doyle shared 6,000 pages of evidence of the afore-mentioned with the US Internal Revenue Service (IRS) over a year ago, as well as with the FBI on multiple occasions. However, when testifying before the House Oversight and Government Reform Committee on Thursday, they rejected the committee’s request to come forward with the relevant documents citing reluctance to be involved in any ongoing investigations.
 
Hoid
#109
Quote: Originally Posted by taxslave View Post

Someone is making billions off of this.

many are losing billions
 
Curious Cdn
#110
Quote: Originally Posted by Hoid View Post

many are losing billions

It's flowing from Party "A" to Party "B" but it likely isn't lost.
 
Hoid
#111
Xerox debt was just downgraded to junk status. Unimaginable 20 years ago.
 
Curious Cdn
#112
Quote: Originally Posted by Hoid View Post

Xerox debt was just downgraded to junk status. Unimaginable 20 years ago.

..and the mighty Kodak ... inventor of digital photography ... hoisted by their own petard.
 
Hoid
#113
it illustrates that GE still potentially has a long way yet to fall
 
Curious Cdn
-1
#114
Quote: Originally Posted by Hoid View Post

it illustrates that GE still potentially has a long way yet to fall

... and GM and a whole lot of other "old" US businesses that have run their course. Trump blames foreigners but they are a symptom of a general running down, there. British industry went through the same death cycle a century ago when their empire entered it's sunset years. American, German and Japanese companies were the prime benefactor of that. China and the Asian Tigers are the winners this time.
 
Walter
#115
American companies like Amazon, Alphabet, Microsoft, Facebook, Walmart, Caterpillar, Ford, Apple, 3M,...
 
Curious Cdn
#116
Quote: Originally Posted by Walter View Post

American companies like Amazon, Alphabet, Microsoft, Facebook, Walmart, Caterpillar, Ford, Apple, 3M,...

Some of those are in decline ...Walmart, Ford, Caterpillar are "yesterday"
and doomed. 3M soldiers on because of their diversity. Microsoft peaked a decade ago. Most computing devices around the world are held in your hand, now and the Windows operating system has not caught on with mobility. Apple, then Android rule the roost, now. I use Windows in my workplace only but nowhere else, anymore. Facebook has peaked and is going over the top. There are issues galore with Facebook. Amazon is on the way up, killing off the Post Offices, malls and general merchandizers like Walmart off as they climb. (Remember Sears? the catalog store killed off by the new Amazon catalog store?)
 
petros
#117
Are you familiar with a stock series?
 
Walter
+1
#118
Quote: Originally Posted by Curious Cdn View Post

Some of those are in decline ...Walmart, Ford, Caterpillar are "yesterday"
and doomed. 3M soldiers on because of their diversity. Microsoft peaked a decade ago. Most computing devices around the world are held in your hand, now and the Windows operating system has not caught on with mobility. Apple, then Android rule the roost, now. I use Windows in my workplace only but nowhere else, anymore. Facebook has peaked and is going over the top. There are issues galore with Facebook. Amazon is on the way up, killing off the Post Offices, malls and general merchandizers like Walmart off as they climb. (Remember Sears? the catalog store killed off by the new Amazon catalog store?)

Amazon is American. Walmart is flourishing. Everywhere I look I see construction with huge Caterpillar machines. Ford is setting truck sale records. Eight of the top ten largest companies in the world are American, and five of those eight are less than 50 years old with three of those being less than 20 years old.

But yer right, the US is failing.
Last edited by Walter; 2 days ago at 11:57 AM..
 
Curious Cdn
#119
Quote: Originally Posted by Walter View Post

Amazon is American. Walmart is flourishing. Everywhere I look I see construction with huge Caterpillar machines. Ford is setting truck sale records. Eight of the top ten largest companies in the world are American, and five of those eight are less than 50 years old with three of those being less than 20 years old.
But yer right, the US is failing.

Yup, it is and you're keeping a "happy face" instead of watching historic trends. Ford, by the way, is about to close several plants and lay off may thousands as GM just did. Microsoft has nowhere to go but down. Caterpillar has many competitors around the world and outside of North America, will have dismal market share. Walmart is not growing, anymore. Millennials don't shop that way.
 
Walter
+1
#120
Quote: Originally Posted by Curious Cdn View Post

Yup, it is and you're keeping a "happy face" instead of watching historic trends. Ford, by the way, is about to close several plants and lay off may thousands as GM just did. Microsoft has nowhere to go but down. Caterpillar has many competitors around the world and outside of North America, will have dismal market share. Walmart is not growing, anymore. Millennials don't shop that way.

Yer post is a manure pile.

Ford is not closing plants. Microsoft stock is at record highs and expected to go higher in 2019. Caterpillar sells more heavy equipment than any other manufacturer worldwide. Walmart had its best growth in a decade in 2017 including 40% growth of online sales; none of these sales were purchased by millennials (whatever those are).
Last edited by Walter; 2 days ago at 12:53 PM..
 

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