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Dear helplessobserver: The 42-to-32 drop was under different market conditions. The shorts I am recommending are based solely on the facts as they present themselves today. FYI, I am not an "analyst"--I actually trade these shares and make derivative prices accordingly. Thanks for your comment. - Rakesh
Jan 02 11:09 am
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All Comments by Rakesh Saxena »GE's Dilemma: Sensible Business vs. Rating at Any Cost [View article]
On Jan 02 11:00 AM helplessobserver wrote:
> Sax,
> Like most analysts you are late to the party. The smart money smelled
> trouble when GE, without reason, dropped from 42 to 32. That was
> the time for short sales, not now when the reason for the first drop
> is coming into view.