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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (60069)11/14/2017 10:47:22 PM
From: WogofWallStreet1 Recommendation

Recommended By
E_K_S

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First of all Lazarus I thank you for the reply, it's always great to hear another opinion.

I can see where you're coming from and everyone else for that matter when it comes to GE.

It's the fact that it's such a popular company and has been around since 1892 that it does make me question whether people will ignore it until better news or will buy at this cheap price.

I can see that the total liabilities are down from 2012 and that has even made me question whether to buy or not. Even the report of cutting dividend means that hopefully more money gets re-invested into the company.

In GE I see a great over reaction by the market, no doubt about it. This is 1 of the many opportunities investors like Warren Buffett tell us that now is the time to buy. Slashing dividends in half and negative reports of management is a perfect opportunity to buy after traders have bid down the price.

Me, personally, I'm going to wait with GE and see where it goes. In my opinion it will gain traction again but when that happens I don't know. If you're patient GE will reward you, if you're emotional and restless it will claw your eyes out.
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