Wrong factors challenged though. To me the key is the balance sheet mismanagement, or at least my view of such. One can also challenge the acquisitions and aggressiveness of such. I do have a problem challenging a partner's delays, however.
Meanwhile, most of the pain here is sector-based, not individual. GDP is down 65% over last 3 years, FST 70%, SD 35%, ATPG 100%, all while MHR has more than doubled. Yes, MHR has halved over last 18 months though. But so has SD and the others. I have read that 80 to 90% of a stock's move is related to the market or sector, and only the rest is individual.
Place blame where it rests. The sector and its treatment by the Street. And yes, I do think GE has mismanaged the BS and too many acquisitions, positions I have stated here before, critically.
Jon |
