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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (5464)	1/26/2018 9:54:10 AM
From: The Ox	2 Recommendations Recommended By Kirk © Return to Sender Read Replies (1) of 8239

Lots of downgrades to GE, which of course is not surprising given a lot of negative news. At the same time, all the analysts who were positive or bullish who have now turned neutral or underweight/sell should not be trusted in the least. Either they had their head in the clouds or up their butts. This situation is somewhat similar to MU trading under $10/share a few years ago, IMO. All the downgrades and negativity coming out after such a large and significant drop in the stock's price clearly indicate a clueless aspect of these same "experts" on GE. I don't know where the bottom for this stock will be and it could be that we have reached it. I don't know. But I am more inclined to see the stock as attractive at this level. As always with stocks on reversal watch, one of the reasons to WATCH is to wait for a rebound to manifest itself. Even if it reverses back down, I'd rather try to buy a stock that has shown signs of bottoming than to catch the falling knife. Portfolio "Reversal Watch", Manager: The Ox

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