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Non-Tech : General Electric (GE)
GE 305.33+0.1%3:59 PM EST

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To: E_K_S who wrote (3056)3/5/2019 3:02:26 PM
From: Fintas   of 3256
 
Well I recently posted somewhere after some SA contributor suggested GE would go to 20 before it dropped under 10 that I disagreed and expected GE to come back under 10. HMM looking at todays price check that one off.

I also stated then I would be watching to see if 9.72 all the way down to 7.56. Then I'd be able to determine if the both the low and bottom was in. In this fast paced world where numbers can change quickly I am not surprised with any adjustment. I'm sure you remember Immelt's first time ever internet discussion re earnings and etc in 2008 JUST before ol BSC caught many by surprise and Immelt was doing the 10% put it in the bank re earnings. Then the poop hit and he had to walk it back and the rest is history as GE dropped down from that 34 to 19.. Bounced in the hopes of the YES vote for the T.A.R.P to stretch to 29.12 to then turn down on the NO vote to the 21/19/14 etc etc to the bottom of 5.87.

Thanks for the clarification.

I OWN NO GE.

Fintas
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