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  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    silli-con doc

    in terms of cash probably nothing. If this spin off works Jeff & co will look good however remember jeff is driving the bus. If it goes bad you the stockholder will get another smack in the face.
    The deal at this moment will be giving up SYF earnings therefore lowering GE eps. That doesn't happen if with the exchange lowers the outstanding shares enough to keep or raise present eps. It would further enhance stockholders is the then treasury stock was cancelled and not used for management options and other benefits.
    Unless things change I fear it's a coin toss heads jeff wins and tails you lose.
    Mar 17, 2015. 09:33 PM | Likes Like |Link to Comment
  • General Electric: GE Capital Gets Even Smaller [View article]
    falconetti aanthony

    Just to be devil advocate for a moment why should GE CAP give you any SYF? It is in the best interest of GE CAP to trade SYF for GE.
    Getting rid of Genworth was a blessing in disguise. Since Immelt has been in charge I don't see the real care for the stockholders only management with bonuses and other goodies. If this spin off works Jeff & co will look good however remember jeff is driving the bus. If it goes bad you the stockholder will get another smack in the face.
    The deal at this moment will be giving up SYF earnings therefore lowering GE eps. That doesn't happen if with the exchange lowers the outstanding shares enough to keep or raise present eps. It would further enhance stockholders is the then treasury stock was cancelled and not used for management options and other benefits.
    If they were to give you a piece of the deal by one share of SYF for X shares they get no real bang for the buck plus their EPS will go down and not many stock holders will equate the plus of SYF to the negative reduction at GE
    Mar 17, 2015. 06:45 PM | 1 Like Like |Link to Comment
  • Investment banks mull poor Jefferies results [View news story]
    Jefferies has had a tarnished past from Ivan Boesky to the Drexel Burnham Lambert brokers picked up after the collapse.
    Mar 17, 2015. 06:16 PM | Likes Like |Link to Comment
  • Bank Of America Worth $21 Following CCAR [View article]
    hardog

    you may agree with fun fun but look at 2014 a 14% gain. How many companies did that well? As I told fun fun when he scoffed at the buffalo nickel as a dividend. Last year I made over 3 million buffalo nickels on BAC so my ride was great and hope to do it again this year
    I also said to fun fun on march 12
    I do find that since my joining SA you have bad mouthed BAC and it doubled and Du Pont has gone up 62%. Has any company you like done well?
    Based on lack of answer I must ASSUME none have done well.
    Mar 17, 2015. 06:00 PM | 6 Likes Like |Link to Comment
  • Report: JPMorgan the buyer of $45B in MSRs from Ocwen [View news story]
    If the department is run right it is almost a license to print money, if not it can quickly turn into a drain of cash.
    Mar 17, 2015. 05:47 PM | 1 Like Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    rubel
    Been doing that since 2006 also vote against the B of D.
    Mar 17, 2015. 05:32 PM | 1 Like Like |Link to Comment
  • Our Bank Of America: Ripe For A Short Sale [View article]
    DD

    It's all in how you write "The past year has also not been wonderful." I assumed you meant 2014 not some future date of 5/18/15. Like I said cherry picking is for farmers. I assume you meant 3/17/14 open at 16.98 to the close yesterday 3/16/14 at 16.13. that would be a loss of 75 cents or .044 per cent loss.

    You really need to watch your typing it's NYC not nys plus the above dates.


    Also the 8.5 bil settlement you mentioned was done in Houston with Kathy D. Patrick as the plaintiff's lawyer in 2011.
    You should also know those professional firms who are paid by Bank of America may have a NYC office but most of the work is done below the Mason Dixon line.
    Mar 17, 2015. 05:28 PM | 1 Like Like |Link to Comment
  • EU extends decision deadline for GE-Alstom deal [View news story]
    felix lumpe

    my problem on this deal is that I can see 25 positive and 25 negatives. As such I have no clue what to make of it. My best positive is that turbines might be the best for the next 20 years. My best negative is Immelt is driving the bus and historically that means a crash ahead.
    Mar 17, 2015. 02:11 PM | Likes Like |Link to Comment
  • Our Bank Of America: Ripe For A Short Sale [View article]
    DD

    If you were a better trader you would see 2014 was a great year but like fun fun you miss the forest for the trees when you cherry pick dates.
    the stock opened at 15.69 on 1/2/14 and closed at 17.89 on 12/31/14 for an overall gain of 14%. Now it time for you to tell us how 14% has not been a wonderful year.
    Like a said in a comment to fun fun
    Last year I made over 3 million buffalo nickels on BAC so my ride was great and hope to do it again this year.
    Mar 17, 2015. 02:03 PM | 1 Like Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    statisticool

    Before the 1999-2000 bubble that was true. The buy and hold group was the way to grow. As more money has gone into IRA/ROTH the tax advantage of capital gains went away. Because you are taxed as ordinary income on your IRA distribution and will be forced into RMD at 70 1/2 the smart investor will bracket convert every year into a Roth where the short term churn maybe to your advantage.
    Mar 17, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • EU extends decision deadline for GE-Alstom deal [View news story]
    richmondinvestor

    The first question you should ask was what currency is the off shore funds denominated in. It could be in dollars at Credit Agricole Paris or euros at Chase London or pound sterling at HSBC Hong Kong. The second question is what currency is the deal in. Right now a deal in euros and the funds in dollars would be great
    Mar 17, 2015. 10:20 AM | Likes Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    trsales

    If that were true by the end of the year he would be the richest man in the world.
    Mar 17, 2015. 12:16 AM | 2 Likes Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    ratbert

    The spin off is suppose to be tax free which means at the moment
    1 SYF at 31.95 would require 1.2554 of GE at 25.45 .Yes by the time the deal comes the prices will be different but 4 to 1 doesn't make any sense.
    Mar 17, 2015. 12:12 AM | 1 Like Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    jerbear

    If anyone in drinking Kool-Aid it's you. Immelt is getting out of the financial end which produced most of the former profit under his tenure.
    Do you really think an industrial conglomerate that has that many segments will grow when historically 2 division go negative for a couple of years at a time. It like owing an index fund when the economy is doing good it does well however when the economy stagnates the bottom 1/3 of the index kills you and when the economy tanks for a while your lucky if the growth is a positive number.
    Mar 17, 2015. 12:00 AM | 4 Likes Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners [View article]
    jerbear

    Assuming it was in a book is not real giving a reference.
    I also notice that
    Nardelli was credited with doubling the sales of the Home Depot chain and improving its competitive position. Revenue increased from $45.74 billion in 2000 to $81.51 billion in 2005, while net earnings after tax rose from $2.58 billion to $5.84 billion

    You may not call Immelt an idiot but then can you give me one word to describe a CEO who lost over 50% of the stock price and cut the dividend
    2/3 and has not made it back to par on that dividend.
    Mar 16, 2015. 11:51 PM | 1 Like Like |Link to Comment
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