Followers | 44 |
Posts | 13554 |
Boards Moderated | 4 |
Alias Born | 01/11/2004 |
Wednesday, January 28, 2015 11:19:22 PM
GE MIGHT get down to $18/share, but I sincerely doubt it.
GE is too diverse to be taken down by any single sector.
However, if you really do feel like GE will proceed down to those levels, then by all means - feel free to short the issue. Please be sure to tell the board what price you shorted it at too. That way we can track your success. Or failure, as the case may be. The Jan 2016 Strike 18 Puts aren't really showing a lot of interest. Maybe people know something you don't?
While I've been on this board, a few posters have yelled and screamed about how bad GE and its management have been. I watched as their doom and gloom predictions went awry.
My opinion is that (given a stable market), yours will also.
Good luck.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
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