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Non-Tech : General Electric (GE)
GE 307.27+0.7%Nov 7 9:30 AM EST

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To: Bonefish who wrote (2959)11/14/2018 1:05:53 PM
From: E_K_S  Read Replies (1) of 3256
 
BHGE $23.20/share -2.52%. Pretty hard for GE to recover their investment when they sell 50% of their position for a loss. Not sure what they paid but it was near the top of the market so could very well be 40% higher.

It all comes down to liquidity. I noticed PCG drained their credit facility as they will need all the cash they can get for those CA wild fires. Their Bonds & preferred getting hammered too.

Good Investing

EKS
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