GE Stock Worth Just $2, Says Longtime Bear Charles Ortel

The 2nd phase of the greater depression will start in a few months time!

Ortel is another sociopathic wall street troll.

GE CEO is living in a pipe dream. He loves America but, is clueless. He still think America is the leader in technology. With $470 Billion in debt- hahaha... the company is doomed like the rest of corporate America. You cannot ship all the technology and manufacturing jobs over seas and then expect something wonderful to happen.

He should change his name to Charles Cant'tell.... GE is the biggest company in the world. period.

GE along with the rest of the U.S. Financial sector will suffer even greater losses. American's keep believing Obama and his non-sense about recovery and there is NO possible way a recovery is even possible before a massive and destructive loss of the U.S. markets. They have prolonged what shouild have happens months ago with artificial props meant to only distract peoples attention away from reality. It will all happen soon, you'l see!

GE along with the rest of the U.S. Financial sector will suffer even greater losses. American's keep believing Obama and his non-sense about recovery and there is NO possible way a recovery is even possible before a massive and destructive loss of the U.S. markets. They have prolonged what shouild have happens months ago with artificial props meant to only distract peoples attention away from reality. It will all happen soon, you'l see!

GE along with the rest of the U.S. Financial sector will suffer even greater losses. American's keep believing Obama and his non-sense about recovery and there is NO possible way a recovery is even possible before a massive and destructive loss of the U.S. markets. They have prolonged what shouild have happens months ago with artificial props meant to only distract peoples attention away from reality. It will all happen soon, you'l see!

Johnny Ike, I disregarded your baseless comments of a ridiculous $25 price for GE common. Any other wisdom......lol.

Johnny Ike, I disregarded your baseless comments of a ridiculous $25 price for GE common. Any other wisdom......lol.

Johnny Ike, I disregarded your baseless comments of a ridiculous $25 price for GE common. Any other wisdom......lol.

GE has been getting multibillion dollar contracts in the past few weeks, has this ediot been watching or sleeping like a bear!!

yeah.......riiiiiiiiiiiiiiightttttttttt

truthinnyc - did you actually listen to what he had to say. Please dispute anything he stated.

Johnny Ike, your poor grasp of the English language aside, you're either engaging in an amateurish attempt at stock manipulation, and/or you are a moron. I do not think that anyone takes any of your numerous comments seriously.

Dow at 10,000 by Christmas--pass the kool aid... The Market is so $%#@!&^%! Sell Sell Sell

ALL BANKS ARE THIEVES

if you don't think that this clown is buying GE while he is bashing it, you don't get how this thing works.

Its amazing how many wack jobs post here. Either we are all going to hell or the market is about to rocket back.

GE's Balance Sheet shows over $100 billion of net worth common equity, not $2 billion like the bear hypester says on TV. He invented a new term "tangible common equity". So in other words, he believes all of GE's many patents and designs and knowhow in refrigeration, electrical generation turbines, lighting, jet engine technology...etc. are worthless?

If I believe Mr. Short & Bear Ortel I should be shorting ALL the way down to 2.00 and DOW 6500. If he is puffing air.. then fools will sell this off below 9.00 in just this coming week. If there are funds holding this long & believe in Warren Buffet & the rest of the investing public them Mr. Ortel's comments won't make as much of a dent as he postulated. Do I see a Fall turnaround in this stock? Not until some of that Stimulus money gets spent on energy projects... List Mr Ortel as trying to take a position in GE on the cheap...: )