I don't think us retail investors matter to GE. Elliot is the block to full ownership not us. I actually feel like we lucked out to still have a chance to be invested because of Elliot. As much as I would love to be invested for a long time further, it seems we are on borrowed time, or at least it's really not in our hands how long we have the opportunity to be invested. It's up to Elliot and perhaps to GE if they can find a way to push them out of make an offer that convinces them to take it. And I wouldn't blame GE for trying. We're just along for the ride at this point.
To me the question we are not asking enough if we want to know how this may play out over time is what are Elliot's intentions. We never had a clear explanation for Elliot blocking ge. Was it simply as a good investment? Was it because of their interest in preserving access to the tech for their investment in Alcoa as someone suggested? The answer is critical to the big picture.
Perhaps we should try to contact Elliot and see if we can get any info from them on their view of the situation. Long shot but worth a try.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.