I'm hanging on to my 3Dfx and MicroProse stock.

I hope nobody bought GE. Since we were talking about it a month ago GE has taken big loss in a booming market. Down about 12 1/2 % in that month while the markets have gone up about 1/2%. 13% in a month is a heavy hit. And it’s down almost 44% year-to-date while the markets are up almost 20%. It’s not just the down, it’s missing the up.


In this link change the 5 days to 1 month. Then change it to YTD year to date.

http://money.cnn.com/quote/quote.html?symb=GE

And I think GE has more downside.

I’d think of being a buyer around $17.15. But GE doesn’t have a very healthy outlook. I’m not in agreement with the long term buy/hold that was suggested.

I still have my WorldCom stock. Just missed out on getting Enron though...


Wheels

GE restructuring and layoffs is a concern. Sometimes it takes that to change focus and get rid of things that are not working out. But it can also be the thrashing of a dying animal.

http://fossilfuel.energy-business-r...o-reduce-structural-costs-081217-5997202

GE has provided dividends to many investors for years so it will be interesting to see how GE does (current dividend yield 2.71%)

GE shot themselves in the foot by cutting their dividend, though they had no choice. There's better dividend plays out there, no need to mess with a sick, beached whale.

On a side note... I just sold 1/2 my FSLR. Darn thing jumped up 5 bucks in a day, over 20 bucks in a month. I'll keep the other half in for a bit longer to see if it goes further, but with next year's revenue drop and wishy-washy earnings forecast(operating income and stated eps predictions don't match up), the risk is really high.

I have a solar ETF but not sure how it's going to do in these next 3 years

I hope no one invested in GE.

http://money.cnn.com/2018/01/16/investing/ge-breakup-stock/index.html

Very interesting. If they do break up I will be buying whatever stock takes up their engine division. It is hugely profitable. Everything they do related to aviation is making major profits right now.

I have some GE stock (Not a lot) and am just going to wait and see.

Good luck with that VF9. Holding on to it might well lead to good things, depending on how the breakup (if it happens) sorts out.

I wouldn't buy right now, or anytime in the past year, but if I already had it then holding can be a good bet.

I dumped CAT a few years back when it seemed a bit shaky. I still made a profit but I wish I had held it now.

Another reason to be cautious about GE.

http://money.cnn.com/2018/01/18/investing/ge-pension-immelt-breakup/index.html

I had said I would look at GE at $17.25, but then all the indicators showed continued weakness. It has dropped lower and looks to continue that decline.

https://www.gurufocus.com/stock/GE

I would shelve any thought of investing in GE.

I was considering it but not above $10.

Nothing but bad news for GE.



http://money.cnn.com/2018/01/23/investing/ge-stock-earnings-black-box/index.html


http://money.cnn.com/2018/01/21/investing/stocks-week-ahead-ge-earnings-davos/index.html?iid=EL

And keeping with the GE narrative. Now $15.64 and no signs that it has bottomed.

It has dropped 19% since we started talking about it; and that is in a rising market.

Every time they miss a target or dividend is a chance to buy it cheaply - but if they have unexplained balance sheet discrepancies that is a different matter.

I'm watching GE carefully. If their balance sheet is clean it could be a huge chance to buy into a good stock at a cheap price, but if they have an accounting scandal brewing or a breakup, it may be better to hold off or even short it. If they sell off their engine division I will be the first person to buy the stock of whatever company acquires it.

GE has shed over 50% of it's stock value in a year.

Feb 14, 2017 - $30.28
Feb 13, 2018 - $14.67

It's peak was in 2000 @ $59.93


Wheels

Right. So its stock peaked during the last year of the Dot.com boom. That's very telling!

downside estimate as low as $10.00/share

GE continues to fall. $13.70 today.

If it hits $10.00 a share I don't even see it stopping then.


Wheels