General Electric Company (GE)

[Jetmek_03052]

Not that it's any business of yours, but events in my life forced me to part with GE stock. If those hadn't happened, I'd still own the stock - and I can assure you that my entry point was far lower than the present price. In fact, I'd still be a winner at $18/share.

You continue to draw conclusions based on what I say I DID. I continue to wait for you to act, one way or the other. Its a real safe position, isn't it - bitching about the company and its management from the sidelines! Not much of a gamble.

The company I am presently working for has forbidden employees to trade securities except in bundles that are picked FOR you - as in mutual funds or ETF's. This might give you some sort of clue about the industry I work in.

Otherwise, I would be a buyer of GE at these levels if I were permitted to do so. Yes, there's a chance it might proceed lower. But I doubt it will go MUCH lower.

Instead of attacking me out of hand, why don't you pull the trigger on a GE short trade, if you really have these feeling that GE will decline into the $18 range? Make some money instead of crying here?