lowtrade

[lowtrade]

Their was a fake bottom @ $14. And IMO no one can call a real bottom until first resistance is broken ( for GE I have to add And continues).
http://schrts.co/PGnv6c

Personally I like the present CEO and divesting plans he has. I think only a boot off the DOW, will get GE to single digits. But Single digits would be a great place to take a new long position.

There is a nice 3.6% divvy at this price level. The insiders are adding,67% recently. And there is only a 1.6% short interest.

IMO once we see a real bottom this looks good, for a dogs of the DOW entry.