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grill to chill

Joined: 09/11/2016 Posts: 2320
Likes: 681


Too much debt, bad mix of businesses, and questionable leadership ...


other than that it's great. I dumped 26,000 shares of GE that I inherited 2.5 years ago at $25 share and preserved my capital. As an aside, I bought 1000 shares at $6.50 a few weeks ago because I believe the Brand is worth more than that! Bad slide for a great company that got too diversified and lost it's identity and focus! This should not be a large part of anyone's portfolio right now because they still have a lot of unanswered questions :)

(In response to this post by MsAHokie)

Posted: 01/07/2019 at 1:35PM



+1

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Current Thread:
 
  
Lounge gamblers, what is your take on GE stock? -- MsAHokie 01/07/2019 12:53PM
  Strangle that thing. Buy Calls and Puts ** -- Hokie1744 01/07/2019 9:18PM
  You ever heard of Sears? ** -- UTPr0sim 01/07/2019 8:31PM
  ...Clarence Beeks ** -- chumley 01/07/2019 5:29PM
  SELL !!!!!!!!!!!!!!!!!!!!!!!!!! ** -- chico 01/07/2019 4:30PM
  Sucker bet, Don't do it. -- `lag 01/07/2019 3:03PM
  They have been in the business of owning businesses ** -- Baltimore Hokie 01/07/2019 3:18PM
  Not anymore. ** -- capitals1 01/08/2019 11:21PM
  ^^^^^^^^^^^^^^^^^^^^^^^^^^ ** -- DonHo-kieHi 01/07/2019 2:29PM
  Their biggest money maker is GE Capital -- Baltimore Hokie 01/07/2019 3:19PM
  .....or something. ** -- DonHo-kieHi 01/07/2019 2:30PM
  A little too risky for me right now. -- Hokie360 01/07/2019 1:50PM
  GE is a huge company, and will not fail -- EDGEMAN 01/07/2019 1:33PM
  Basically my subject line said... -- EDGEMAN 01/07/2019 2:29PM
  That was the qualification of my opinion. -- EDGEMAN 01/07/2019 2:51PM
  I’m bored ** -- CPRVHokie 01/07/2019 2:59PM
  In that case, run away! ** -- EDGEMAN 01/07/2019 2:23PM
  Sure . . . if this was 1979. ** -- UEMcGill 01/07/2019 1:17PM
  Sears? ** -- CrystalCoveHokie 01/07/2019 1:10PM

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