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mdimport

04/02/18 4:19 PM

#5528 RE: tdeck #5526

Brooke Sutherland from Bloomberg is reporting the same sentiments. Smart money is dumping out of $GE:

"... Part of Monday's decline may be a realization that the spike of more than 6 percent over two days last week on an entirely unsubstantiated rumor that Warren Buffett might take a stake in the company was unfounded. ..."

"... $GE is a conglomerate that shouldn't exist but might need to exist for the time being. ..."

https://www.bloomberg.com/gadfly/articles/2018-04-02/ge-s-asset-sale-starts-with-a-single-the-first-of-many