GE Aerospace (GE)

[uber darthium]

Stephen Tusa from JP Morgan says (published today by a CNBC)this run up has been “a show about nothing”

Your classic pump to The sheeople.

“An apparent inability to sell (GECAS)” which I refer to as...(GEnronCAS),
“...after being shopped now twice in the last 6 months...
Or a sale below book” (like everything is they are giving away for pennies)
“Would not only be not positive but could suggest more desperation to bring cash at ANY COST,”
Tusa added

While GEnron is dumping their units for pennies they are forfeiting the future cash flow and profits from these sold units.

Why on earth sell the locomotive division ? Along with that went the big diesels for Marine use...GONE

GEnron still hasn’t “fixed” their problems on the GEnx engine on the 787. Now GEnron is about to roll out the GE9X on the 777X. The shareholders need to seriously hold their breath and pray that no major hidden faults are discovered with the new “worlds largest jet engine”

ALL new engines have costly teething issues regardless of GEnron, Pratt &Whitney, Rolls Royce

Good luck. Stay as far away from this stock disaster as possible. To the pennies in my opinion. A year from now this could look like GE.OTC or GE.PINK SHEETS