General Electric: Genuine Risk of Collapse? [View article]
exceptionally well written and reasoned article that gives fair warning to all those invested in GE. the fact that GE was so blindsided is testament to poor risk management and the rapidly imploding world economy. expanding the loan portfolio during the credit boom will cost GE dearly. GE should have already cut the dividend to preserve cash; obviously with almost a 9% yield, investors don't believe the dividend can be maintained. if this stock rallies on a dead cat bounce, short with a price objective around $5.
General Electric: Genuine Risk of Collapse? [View article]