GE Aerospace (GE)

[Ecomike]

GE will be down to lows lower than it hit in 2009, $5 is coming over the next 2 years. Save this post. Seen this too many times. Now I know why GE never funded their GE-MVTG partnership to fund the MVTG ERC Reactor pilot plant Alstom was about to fund before GE bought Alstom. The Pilot plant that would have tapped a 30 billion dollar per year market for converting CO2 into syn gas. Alstom Power was funding it as they saw the writing on the wall, that is Alstom got dumped and sold to GE, unfortunately MVTG got sucked into the deal, and GE failed MVTG, as it is now failing stockholders, GE placed their bets on a dying power industry model.... and Bought the dying parts of Alstom Power. It all makes sense now, they were broke and did not want to admit it after buying Alstom. GE's first mistake was getting so heavy into just financials it took the US Treasury to bail them out in 2009. So they spent the last 9 years back old tech and selling off financials, the second mistake.