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General Electric Company Message Board

  • dadecountryy dadecountryy Oct 16, 2009 2:19 PM Flag

    GE oversold...BAC 2 billion loss is chump change


    a year ago we were talking about 20 billion 200 billion losses. This is nothing US economy booming. buy all dips. We WILL have positive gdp growth for the next decade.
    good articles;

    GE going to 30

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    • You are surely a Democrat, if you call two billion dollars chump change.

    • God, the newspaper headlines hide so much...GE is doing really well, especially when you consider where it will be in a year from now. This is absolutely the time to get on board. I am so glad there were people who were backward looking when I got in to a lot of GE a few dollars ago.

      People currently have a chance to get in before it goes up a lot more -- if they have the grit to hang on for 6-12 months. That's a big "if." There are a lot of whiny people on this board who faint when thinks turn a bit down....Don't have the stomach for the wall of fear that you must climb to do well in investing.

      • 1 Reply to chamberbizness
      • I've been long GE since 1995 and have increase or decreased my position at various times. IMHO GE is fairly valued at 14-15 range When earnings are projected at less than a dollar for this year and next how could you expect this stock to move North. The dime a time dividend doesn't excite me a heck of a lot either. It seems strange to me that Jeff Immelt is still CEO and it is also strange to me why the company doesn't spin off one or more divisions to shareholders to unlock some value in this monster conglomerate.

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