What's TSLA's P/E ratio? I realize this is a concept foreign to I-Hub, but here goes: GE is an income stock, not a growth stock. Think of it like a bond. As the price drops the yield increases and that alone attracts support.
Right now strong dollar and weak commodity prices are enormous headwinds for GE. But these things are cyclical. Am I happy with the share price? Of course not. But it's not my primary gauge. What I would really like to see is an increase in implied volatility in the options. They haven't been worth jack for over six months now.
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