Replies to post #5493 on GE Aerospace (GE)

[tdeck]

Okay in all seriousness we all know its going down but really how far down, I know its risky still but I was going to load under $10 like the $9 range whats the serous opinions here? Its not worth nothing I mean too much there to be worth nothing and too much $$ involved and jobs etc. Right or am I $%^&* crazy LOL.

[RainerRocks]

Thing is ,these contracts are negotiated beforehand upon contingency of taking the job/helm as a CEO.

Rarely,if ever, are there penalties /reduction in package if stock/company fails to perform due to mismanagement.

This is why they're called Golden Parachute Packages . Plane is in a nosedive with passengers aboard (shareholders/employees) while the pilot (CEO) bails due his own incompetence with the only parachute to land safely.

It's disgusting and downright criminal.

[HMONNY]

Although I believe GE turns it around in 2 years, today had all the signs of a dead cat bounce...That swing earlier just didn't make any sense, looked like a trap, very curious to see how we trade tomorrow.