Too much politics. Too close to Obama and his policies. Wind power? Where is the money in that? Scores political points maybe. Too heavy in sub-prime loans during he bubble now dabbling in this and that with political influences. Stock was in 40's and has never recovered so all you people must be relative newbies, bottom feeders liking the paltry dividend that was also cut to the bone and never recovered to anything good. GE is like another branch of government. Then again you can't blame Jeff. Do you recall that he told you in a recent report that GE would provide a modest dividend and not much else.
It appears there is no one or no thing big enough to say good bye to Jeff. But for whatever reason, there seems to be a dark cloud over GE. It gets a downgrade and dives to the 200 day avg. with heavy volume. All it takes is one negative to knock the legs out of this stock. But the divy is decent, it's not losing money, it's huge and diversified and firing on all cylinders. But nothing works for long. I really do think it needs new leadership. But aside from that, today's new low looks like a logical time to buy it. Three months from now, I'll probably have to eat those words.