It is unfortunate that you went through hell with this stock...
a good majority did but will not admit they also got sucked into this death trap. Fortunately for me, I had an inkling of how GE operates and though commented at times, stayed on the sidelines until the last R/S, then made the decision to jump in, figuring the selling was done.
Don't get me wrong, the selling could still continue but at a more controlled pace should that be. GE cancelling the deal with Kalani was probably the sign that it has stopped.
$250.00 PPS is not an absurd pricing and it could hit it in one day.
The O/S is much lower since it has done 5 R/S and the equity has gotten better since then.
Should big money come pouring in and it could, once this goes past $5.00, this could move faster than the rapids through the Colorado. Should that happen, fast trigger fingers or stop orders will come into play. As fast as it can go up, it can drop like a falling knife also.
I wish you luck in the coming weeks and let's hope everyone here can make some coin...
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