It would be going down if any dumping is going on, right? Let's hope chickperson is hearing a good rumor.
Conglomerates like General Electric, Honeywell (HON) and Siemens (SI) are attractive bets on accelerating EPS growth especially stemming from their industrial segments. IMHO
You can't talk about my stupid ugly friend like that and get AWAY WITH IT!!!
You have to forgive the ederly on this board. Their grandchild set up an "ID name" for them and they don't know what it's all about yet. Most of them think this is a #GE TWITTER site. (# = HASH TAG)
With no bombastic news moving us up this much in one day it scares me a little.
Oh it wasn't that great of news. Something about gamer controls selling at better rate. Amazing what will move this stock.
Thanks for the phone number. I'll treasure it the rest of my life!
In the quarter, the company earned $0.53 excluding items on $40.54 billion in sales compared to street expectations of $0.53 on $40.38 billion. Earnings were up 20% from last year. While the stock is not reacting well to the numbers (likely due to profit taking after a 14% run in the past six months), I think there was a lot to like in this quarter. These numbers confirm my optimism, and this dip is to be bought. IMO
(FOR the hearing impared)
(IMO = IN MY OPINION)
Most people who own GE stock (like the over 80 group on this board) didn't have their hearing aids turned up to hear the details of the conference call. So when their stock broker asked "Buy More GE"? they thought he said "do you want another enema". It's ridiculous that it hasn't bounced back yet. Guess we have to wait till after these elderly folks get tired of talking about Obama.
Once GE spins off GE Capital later this year we'll finally get that albatross off our necks and we will be the industrial giant that we used to be back in the day. IMO