36 billion in good debt
20 billion in bad debt
Market cap was suppose to be at 15 billion top end
Market cap just crossed 21 billion
Roughly 25% over valued
This is not a good trade, in 2008 this division almost sunk GE Capital
Then why is GE holding to 85% of the shares?
"cap was suppose to be at 15 B top end"
suppose to?? that is scientific
market value is based on assets/liabilities and earning potential (value of all future cash flows)
With earnings at 2.25
the right price is 26-28
I suggest you cover,but then again you reap what you sow. hope this helps !!!!