News Focus
News Focus
Followers 54
Posts 17659
Boards Moderated 3
Alias Born 01/11/2004

Re: VIKING163 post# 1378

Friday, 09/11/2009 3:43:50 PM

Friday, September 11, 2009 3:43:50 PM

Post# of 12009
That's possible. For my own guess, I'll say that GE will experience the same direction of movement as the general market.

I think the general market will experience a correction this October, a terrible month for the stock market in general. I think it will be particularly severe this October, considering the incredibly strong move the market has made since this spring.

The fact is, many have said that the "second wave" of defaults (particularly in the commercial paper sector - which involves GE) will happen sometime this fall. I think this will help correct the market...and GE will fall some too. Although, as GE has resisted the wild market up-swing experienced in the last 6 months.....I think GE will resist falling too hard.

Or at least I hope so!

As I have said, I will be a buyer of the stock if it falls too low, as I believe that in 3-5 years this will all be behind us and GE will once again be a $30-$40 a share stock....with dividends finally rising to again reward the shareholders.

Good luck to all shareholders.

I keep telling myself....deep breath....count to ten....try to answer without personal attack...present fact to back up your opinion.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GE News