General Electric Co. (GE)

All Comments on GE

  • commenter
    Oct 07 08:47 AM
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    I have a position in GE and could care less about the financial arm of the company. Why? Because GE is uniquely positioned to confront, worldwide, the most pressing problems of the near-term future: Alternate energy, potable water, energy distribution systems, and the all-important after-the-installation maintenance of these 'Green technologies'. Reply
  • @VIC: Top Hedge Fund Picks [view article]
    I simply don't understand why anyone would listen to these guys that have been long and wrong all the way down. Anyone remember Pzena telling everyone that FRE and FNM were great buys? Reply
  • commenter
    Oct 07 08:24 AM
    Why Is Everybody Selling as Buffett Is Loading Up? [view article]
    notsosmart - no you wouldn't.

    I've been buying - moved 10% from short term bonds to stock yesterday. Calling bottoms is a fools errand, can't be done. Proof - you see any owner of the world who made it all calling bottoms? But calling levels is easy. Holding long term is easy. Dollar cost averaging is easy.
    Reply
  • commenter
    Oct 07 07:59 AM
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    Amen, Jimmy Reply
  • commenter
    Oct 07 07:35 AM
    My Website
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    You know what I love about this site? That there are people who bought into Potash when they wouldn't know a bag of fertilizer unless I knocked them over with it turning up their noses at GE. Consider yourselves lucky that GE's financial arm is dragging down the share price to basement level. This financial storm is finite, while the companies other core businesses have a much longer time frame. Once the financial shorting ban finishes and the other hedge funds can stop shorting Basic Materials and Industrial sectors, the price will pop back up to pre-short ban levels. It was a bargain at $22.25, it was a bargain at $20 and it will be a bargain again at $45. This is a long hold. Do your day trading with Potash. Reply
  • commenter
    Oct 07 06:59 AM
    GE Looks Very Attractive Here [view article]
    What will happen to the dividend with the recent dilution? Reply
  • commenter
    Oct 07 06:53 AM
    36 Opportunities for the Beginning of the Bull [view article]
    There is one undisputably good point in this post. The markets play us, not the other way around. This market will turn when BIG MONEY turns, not when User 2342325 or Peppio or Anti-Fool or I decide to spend our last 25% of cash and jump in with our $10K or $100K.

    Problem is that BIG MONEY is currently bancrupt or busy unwinding. The only guy left standing is the Fed and its printing presses. However, despite the fact that the Fed's injected close to a trillion dollars into the system in the past few months, BIG MONEY is still holding on for dear life, and it's scared. Citi, Wells Fargo, BofA? Still alive, but in a month, who knows? When these guys start buying again, that's when the market turns. And right now they ain't got the balls to buy. Because they saw what happened to Lehman, Morgan and others who were in denial.

    Hey who was it here on SeekingAlpha who said we'll have a bottom when we have 60 days of no bad news? I completelly agree. Well, guess what. We still have bad news, even if it's from UK/Europe.
    Reply
  • commenter
    Oct 07 05:57 AM
    36 Opportunities for the Beginning of the Bull [view article]
    sentiment suggests a bottom - but the dead interbank lending market, dead credit markets, dead CP markets and the crashing carry-trade (Yen is going ballistic, especially against the Euro) suggest more pain ahead. Form a time perspective, we probably are pretty close to a bottom. But tell that to the Russians who saw their market plunge more than 20%(!!) just yesterday alone - on top of a 50%+ decline earlier. so a bottom will form between now and mid-november - but it may be right here or it may be 20 or 30 or even 40% lower. who knows for sure? on the other hand, selling has now rotated towards tech after energy and materials in summer.the energy complex is the safest imho now - rich dividends and backed by real, needed assets. technology has a further 40-50% downside risk as those items are usually discretionary stuff that you can at least postpone. and people loosing their jobs, banks starved off cash and corporations with no access to debt financing will postpone software and hardware upgrades as long as possible.
    i do hope the europeans get their acts together and start lowering rates pretty soon and create a pan-european rescue fund. or else the eurozone's economy will head over the cliff and maybe taking the euro currency with it. which would be no event to cheer because it would inflict another huge round of damages across the world
    Reply
  • commenter
    Oct 07 05:51 AM
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    common stock of GE or GS: not a great investment right now. preferred stock on Buffet's terms: certainly a better investment than the common. there are many gyrations of the markets to come as the recessions hits and then sticks around like an unwanted party guest. I'd stay liquid and save for Q2 09 onward buying opps. Reply
  • commenter
    Oct 07 05:50 AM
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    My understanding Of GE is that its financial business has become the most important of all of its businesses for its bottom line, hence its current problems. Now Buffet himself has said that the current credit crisis is the worst since the Great Depression. If you think things are getting better, well I have to report at this time, Royal Bank of Scotland shares are down 42% in London as a result of rumours that the three biggest banks have sought massive cash infusions from the Treasury.In other words the financial world is in a state of chaos and things are only getting worse. Now Mr Buffet is apparently worth $60 billion and I know he is a not a big spender so I also know if he was to lose all of these investments, which he's got at incredibly generous terms, it will not mean a toss to him. Anyone who is not treading very causiously in this minefield of a market deserves no sympathy. Reply
  • commenter
    Oct 07 05:46 AM
    My Website
    Buffett Buys GE, Goldman: Should You Follow? [view article]
    Never buy a stock because someone else bought it. An investor should do research on it themselves. Reply
  • commenter
    Oct 07 02:50 AM
    Why Is Everybody Selling as Buffett Is Loading Up? [view article]
    Regarding the bail out Buffet certainly seemed in a panic. I think Buffett is way early here. Markets will continue to tank for next month of so. I think when we are 50% from market peak we could see some stablization. The market might actually be a good value. But we need the crisis to pass. Furthermore I don't expect it to go up fast. Lots of bad future earnings in the way.

    Reply
  • commenter
    Oct 07 02:06 AM
    My Website
    GE Looks Very Attractive Here [view article]
    One can only pick the bottom in hindsight. so if you are trying to enter now, just please do the right thing and establish your exit strategy from the start. Have it defined and continually adjust it to the overall behavior of the stock and market conditions. Whatever you do, ALWAYS have your protective strategy in place in the market at all times. Reply
  • commenter
    Oct 07 12:46 AM
    My Website
    36 Opportunities for the Beginning of the Bull [view article]
    We are almost certainly close to a bottom. Just look at where valuations are. You have to go back 2 decades to find a point where the market multiples of prior year earnings are where we are today. Add to that the corporate balance sheets (except for financials, they are strong); of course the consumer balance sheet is bad as is the governments. I see start of an expansion in early q2 09. Have a look at maxkapital.blogspot.co...; maxkapital.blogspot.co...; maxkapital.blogspot.co.... Reply
  • commenter
    Oct 06 11:52 PM
    My Website
    Four Stocks Worth Following [view article]
    You may never pick the exact bottom to buy a stock at. That's why its more important that you have your exit strategy in place from the start. If there's anything to be learned from this whole experience its that one should always have a protective adjusting strategy in place for themselves at all times. Reply