Replies to post #5370 on GE Aerospace (GE)

[mdimport]

Eventually $GE will find it's own level, however not at this price at this time.

$DJIA at it's current lofty PE level also didn't help.

[RainerRocks]

GE been tanking for year and reaching new 52 week lows every week and you think today's market drop is the cause,incredible. The last year the market has been on a Bull run and GE continued her downward spiral,so your claim holds no water.

Healthy companies rebound when market rebounds,but GE isn't one of them.

Yeah she'll have her mini run ups ,but her trend is clearly dismal and has been for months on end.

For a Blue Chip stock to drop over %50 in PPS in a year is bad,very bad. GE needs a complete overhaul and even this will take some time to accomplish,even then she'll never see her glory days again.

Trying to time the bottom is a fools game.