#4446356 - 10/31/18 04:51 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Haggart]
|
Joined: Nov 2001
Posts: 24,065
oldgrognard
Administrator
|
Administrator
Lifer
Joined: Nov 2001
Posts: 24,065
USA
|
GE continues to fall. Under $10 now. $9.87 last check.
They slashed their dividend to a single penny. That is the same as announcing no dividend. The dividend was the only thing keeping investors holding GE.
I hope no one bought it when some first recommended in this thread.
Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Someday your life will flash in front of your eyes. Make sure it is worth watching.
|
|
#4446372 - 10/31/18 06:28 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Haggart]
|
Joined: Nov 2001
Posts: 24,065
oldgrognard
Administrator
|
Administrator
Lifer
Joined: Nov 2001
Posts: 24,065
USA
|
I don’t see any healthy signs coming for GE. They just seem to have lost the bubble on business plan.
I see them as a still falling knife.
Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Someday your life will flash in front of your eyes. Make sure it is worth watching.
|
|
#4446380 - 10/31/18 07:18 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: oldgrognard]
|
Joined: Jun 2002
Posts: 5,555
VF9_Longbow
Hotshot
|
Hotshot
Joined: Jun 2002
Posts: 5,555
Tokyo, Japan
|
I don’t see any healthy signs coming for GE. They just seem to have lost the bubble on business plan.
I see them as a still falling knife. specifically what? https://finance.yahoo.com/quote/GE/balance-sheet?p=GEThey're not doing fantastic overall, but certain divisions of GE are doing VERY well. cutting the dividend is scary for investors but it never stopped peter lynch from investing in a company if he thought it was worth it. again, the aviation division alone is enough to keep GE afloat even with all the other debts around it. GE produces nearly all the engines going on long haul Boeings right now and has very long term contracts with airlines and leasing companies for maintenance and parts. That division alone is worth more than 9.80 a share. You buy the aviation division for 9.80 and you get the rest of the company for free. If the company were riddled with more debt than assets I would be concerned, but they still have more assets than debt by a considerable margin. Not a beautiful debt ratio but not horrible. Note that most professional analysts have GE listed as a hold or buy stock, almost no one is saying "SELL!". It is only the amateurs doing that.
|
|
#4446437 - 11/01/18 04:29 AM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Mr_Blastman]
|
Joined: Dec 2008
Posts: 26,564
wheelsup_cavu
Lifer
|
Lifer
Joined: Dec 2008
Posts: 26,564
Corona, California
|
how do you go about to buy a stock ? Call up a financial advisor like myself and have us buy you some. Another option is an online trading source where you manage your own stocks. Not advising or even offering a source since it is highly risky proposition, I am just mentioning another option. Wheels
|
|
#4448365 - 11/12/18 11:59 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Haggart]
|
Joined: Nov 2001
Posts: 24,065
oldgrognard
Administrator
|
Administrator
Lifer
Joined: Nov 2001
Posts: 24,065
USA
|
GE closed under $8 today. Under $8 !
Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Someday your life will flash in front of your eyes. Make sure it is worth watching.
|
|
#4452714 - 12/10/18 06:32 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Haggart]
|
Joined: Nov 2001
Posts: 24,065
oldgrognard
Administrator
|
Administrator
Lifer
Joined: Nov 2001
Posts: 24,065
USA
|
GE at $6.72 today. Still a falling knife.
Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Someday your life will flash in front of your eyes. Make sure it is worth watching.
|
|
#4453040 - 12/12/18 07:16 PM
Re: STOP Using All Your Money To Buy Games and Use Some Of It To Invest In Gaming Stocks
[Re: Haggart]
|
Joined: Oct 1999
Posts: 15,786
Haggart
I Fought Diablo
|
I Fought Diablo
Veteran
Joined: Oct 1999
Posts: 15,786
The Lone Star State
|
a few of my top picks ....BABA & AVGO
"everything lives by a law, a central balance sustains all"
|
|
|
|