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Prudent Capitalist

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Prudent Capitalist

Re: mick post# 4089

Wednesday, 10/11/2017 12:18:04 PM

Wednesday, October 11, 2017 12:18:04 PM

Post# of 11969
The GE situation gets uglier by the day. What a disaster. I continue to reinvest dividends hoping to lower the cost per share and the break even point, but long term holders here from back in the Jack Welch days (when GE traded in the $38 - $50 range) prior to pathetic Jeff Immelt taking over as CEO have been bludgeoned here. Markets setting all time highs and GE trending down hard all year. Jeff Immelt inherited the greatest publicly traded company in the World from Jack Welch, and proceeded to destroy GE and run it into the ground. So Sad.
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