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Strategies & Market Trends : Fundamental Value Investing

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The Ox
To: The Ox who wrote (3330)8/30/2013 8:53:43 AM
From: E_K_S1 Recommendation   of 4719
 
Hi Ox -

Re: GE

This is good news. I have been getting several postcards alerting me of pending class action claims against GE. I have not taken the time to pursue and/or complete the requested documentation. Maybe the company sees that it's non-finance operations are growing again and making money. Now the prudent thing to do is spin off the finance unit along with any and all of those class claims.

Maybe they settle those claims before a spin off but the wheels seem to be in motion and the long term holders should eventually see the true value in GE.

EKS
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