Yes ultra bulls and bears make no difference but everyone can see there is no trust in the stock at the moment hence its trades below cash on hand even with the positive announcements the PPS is stubbornly low, yes GE has started on a acquisition spree, but that is after having sold off most of his original fleet over the last couple of years at a huge discount.
Fact is you cannot be confident holding this long as you can never be sure GE will not announce another bout of dilution to prop up his empire, that is why nobody is jumping in here
Is a MOMO play only and there has been none for a little while now
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.