Replies to post #3335 on GE Aerospace (GE)

[oilin07]

I agree that things are getting scary...they have been since quantitative easing was instituted falsly propping the markets after housing bubble burst. If the world isnt going to end you keep accumulating shares of ge. As a GE DRIP investor I would gladly accept $18 shares.

[Jetmek_03052]

In 2013, only a little over 11% of GE's total consolidated revenue came from oil and gas. Yes, continued price drops in oil will affect the bottom line but only marginally.

GE has always mirrored the DJIA's up's and down's. If the market drops, it will go down also. Always has.

To think that GE will go down over 20% into the $18/share range from here without the market crashing down along with it can't be supported by logical reasoning. The numbers in the latest and greatest 10Q's and 10K's don't support your conclusion that the stock price of GE will drop that percentage.

I say you are wrong and that GE will either stay in the $22-$25 range, or(if the market goes up) it will go up from there.

Time will prove one of us correct. I'll be here when it does.