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Forum - Wall Street Pit (General Electric Company - GE)    Stock Due Diligence for All

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From: ftudor (Rep: 74) reply to lemmingboyDate: 02/08/2018 23:51
Forum: Wall Street Pit - Msg #2719280 - List GE msgs Thread #673990149 (Rec: 0)
They have $82 billion cash on hand. I will buy some when it gets to $1.00 ...maybe. Their Transportation division is for sale. No buyers.

Reply to lemmingboy - Msg #2719257 - 02/08/2018 16:50

The risk is dwindling fairly rapidly here at $14.50. So what if they have unfunded pensions and other credit risk? So does every major company. This is GE Healthcare, Baker Hughes, GE Lighting, GE Aviation, GE Oil & Gas, GE Automation. This company isn't going anywhere! LOL! GE goes down and it's tantamount to America folding it's tent. We thought AIG was too big to fail?

This is a long term bargain here under $15...like bigtime. Buying hand over fist now and not looking for the absolute bottom like everyone watching this seems obssessed with. Thanks for da cheese sheeple!
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser ftudor: Reward | Watch | IgnoreGE: Ignore

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