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General Electric (GE -2.7%) dips today after UBS removed the stock from its U.S. Key Call list...

General Electric (GE -2.7%) dips today after UBS removed the stock from its U.S. Key Call list today, citing expectations for weaker than expected near-term earnings growth and an uncertain macro environment.
Comments (17)
  • awcabot
    , contributor
    Comments (64) | Send Message
     
    The same UBS that has agreed to pay $1.5B for manipulating the LIBOR?
    19 Dec 2012, 12:28 PM Reply Like
  • maudie
    , contributor
    Comments (482) | Send Message
     
    and down over a percent yesterday, before the call. "Double" from what?
    19 Dec 2012, 12:30 PM Reply Like
  • wyostocks
    , contributor
    Comments (8869) | Send Message
     
    "down over a percent yesterday"

     

    Do I smell insider trading in this?
    19 Dec 2012, 12:31 PM Reply Like
  • doc47
    , contributor
    Comments (1287) | Send Message
     
    All I've read here up until the last week was "Buy GE..." Now it's the opposite over night! What happened for them and the analysts to change their outlook?
    19 Dec 2012, 12:37 PM Reply Like
  • ocala
    , contributor
    Comments (112) | Send Message
     
    Generally the analysts are to close to the trees to see the forests.and in many cases their economic interests do not align with individual investors.If they had the precience they profess to have they would be retired in a foreign retreat and managing their own wealth
    Do your own research starting on a top down basis followed by individual balance sheet analysis.Think long term but still be prepared to cut your losses if facts change.
    19 Dec 2012, 12:59 PM Reply Like
  • countryplaywright
    , contributor
    Comments (30) | Send Message
     
    This will enable GE to buy back shares for less than they sold them in 2009.
    19 Dec 2012, 12:50 PM Reply Like
  • mwaldmer
    , contributor
    Comments (51) | Send Message
     
    Are these the same analysts that kept a buy on all stocks while they dropped like a rock a few years back?
    19 Dec 2012, 12:52 PM Reply Like
  • countryplaywright
    , contributor
    Comments (30) | Send Message
     
    The company will do well looking forward. An unexpected bonus will be that there should be a nice increase in sales of housing related items like refrigerators, washing machines, electric control panels etc.
    The oil patch stuff is booming as well as equipment related to natural gas. Once the fiscal cliff deal is made, there will be a lot more certainty so CEO's will be on an equipment buying spree. We also may squeeze out another dividend increase before the end of 2013.
    19 Dec 2012, 01:00 PM Reply Like
  • taplinger
    , contributor
    Comments (267) | Send Message
     
    As there will always be climate change-deniers there will always be Jeff Immelt-deniers. If GE's stock price couldn't regain lost value during the housing bubble, it certainly won't regain lost value by selling housing related products during a housing recovery. GE's only hope is to look at its stock price since Immelt took over and then replace him. My guess is that that will never happen.
    20 Dec 2012, 11:53 AM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    "...citing expectations for weaker than expected near-term earnings growth and an uncertain macro environment. "

     

    You are here ^^^^^.

     

    Pick up your marbles and go home.

     

    Or...

     

    Buy GE today and get a better return than mole dirt.

     

    Sooner or later, we WILL get tired of mole dirt.

     

    Well, I guess maybe Dewy won't.
    19 Dec 2012, 01:02 PM Reply Like
  • retiredsquid
    , contributor
    Comments (30) | Send Message
     
    Can you fathom a conglomerate company and their stock is only a mere $20 dollars? What's wrong with this picture?
    19 Dec 2012, 01:05 PM Reply Like
  • wyostocks
    , contributor
    Comments (8869) | Send Message
     
    retired......
    They have about 11 billion shares outstanding for a market cap. of ca. $220 billion. That is what you should be focused on not the price.
    19 Dec 2012, 01:35 PM Reply Like
  • tschol
    , contributor
    Comments (2) | Send Message
     
    UBS has its own interest in GE. August 22.2012 UBS UK issued 5.74% Option 2012-29.08.13, ISIN CH0192801279, with 100% repayment if the share will not loose 25% from a lock in of around 21 $
    19 Dec 2012, 01:51 PM Reply Like
  • John Battin
    , contributor
    Comments (2) | Send Message
     
    UBS is as trustworthy as a pimp. Yes, in addition to the LIBOR rigging the same UBS had to settle for $22 Billion with clients in regard to auction rate securities, $780 Million to IRS/Justice for abetting client tax fraud, 200 Million to SEC in Muni Bond Fraud and 200 Million to SEC for acting as an unregistered broker. The Government of Switzerland bailed them out after UBS wrote down $50 Billion in Junk mortgage bonds. Read NY Tines 7/20/12 article.
    19 Dec 2012, 02:24 PM Reply Like
  • Ownsalot
    , contributor
    Comments (4) | Send Message
     
    It is a maneuvered stock right now--unfortunately. It will be at the bottom soon and be an EXCELLENT buying opportunity.
    19 Dec 2012, 03:10 PM Reply Like
  • SquareHead
    , contributor
    Comments (91) | Send Message
     
    It's amazing that UBS is still in business. Taking advice from them is like taking advice from a used car dealer. The only thing dumber is buying any investment product they are selling.
    19 Dec 2012, 05:44 PM Reply Like
  • FinancialDave
    , contributor
    Comments (650) | Send Message
     
    It's really not my fault, but I had to take some off the table since my holdings were up 28%, YTD as of last Friday.

     

    Maybe there were a few others with the same thought!

     

    :-)
    19 Dec 2012, 06:53 PM Reply Like
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