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Posts | 13640 |
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Alias Born | 01/11/2004 |
Sunday, November 02, 2014 1:00:42 PM
As to GE -
If memory serves, I sold my position in early in 2011. It was around $20/share. After I sold, I remember the stock suffered a little decline and actually, I didn't feel that bad about it at the time! But I knew GE was/is a solid company and that I would probably regret selling. Also, had personal needs not required me to sell, I would have most certainly bought as much more as I could have during that decline.
Sure enough, 14 dividends and several dollars higher later, I do regret it.
This coupled with the fact that most of the analysts covering the stock think it's a screaming buy, with Mean, High and Low target prices of 29,32 and 27 respectively (all higher than the current price) make me wish I still owned the issue. Not that the analysts have crystal balls - far from it. But they do it for a living and most times that are more right than wrong. My opinion.
I do believe that GE is a company that is too large and too diverse to go belly up, should the market decline to horrific lows. It will go down with the market (always has) but I think that investing in GE is sound decision. If I did still own it, I think it would be a stock to hold through the decline I feel is probably coming.
I used to be a mod here and liked the people who were on the board at the time (a few are still here).
Good luck to you.
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.
Recent GE News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 10:15:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:34:20 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:29:26 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:25:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:24:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:22:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:21:23 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 08:15:30 PM
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