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dmaislen

dmaislen
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  • Bank Of America Is Ripping Higher [View article]
    Even Immelt can't hurt GE. Sure, he's spent way too much time kissing Mr. Obama's back side instead of spending more time in Fairfield...but General Electric is a jaugernaut of stength involved in all the right businesses. Jack Welch set the stage for GE's growth and health. I am proud to have spent a career there and enjoy every one of my dividend checks...I put those dividend checks together with my pension checks and enjoy every day of my retirement. You sold a winner. Your dump is my gain!!!
    Mar 21, 2014. 08:19 AM | 1 Like Like |Link to Comment
  • General Electric's (GE +1.4%) CFO Keith Sherin will become CEO of GE Capital this summer, replacing Michael Neal, WSJ says. [View news story]
    Where is Mike Neal going?
    Jun 7, 2013. 03:20 PM | Likes Like |Link to Comment
  • SA author Josh Arnold takes a look at GE's (GE) balance sheet and concludes that it's more of a hedge fund or bank than an industrial powerhouse. GE Capital (GECC) accounts for 84% of GE's liabilities and controls 90.9% of the cash. If Arnold were a shareholder, he'd be terrified: "GECC was responsible for enormous wealth destruction during the most recent financial crisis and will be again at some point in the future." [View news story]
    What a comment...GE is nothing but a hedge fund and a bank. It's comments like this off the top of your head or out of some other nameless place that create problems for responsible, well run companies like GE. If other companies were run with half the integrity found within General Electric's management the world would be a much better place. Throwing word "brickbats" at Jack Welch is beyond stupid. He is one of the best managers that walked the planet in the last 250 years!!! I'm not a huge Immelt fan, but I'm not a huge Obama fan either.

    GE has responsibly built a very respectful business. Who said they couldn't be in the commercial finance business? Where's that rule of law? They're in a lot of businesses. They shed the ones that don't work out or fit, but overall they've done a pretty darn good job. During the last twenty years before the financial meltdown GE's profit from their Capital arm was pretty amazing. Mike Neal ran Capital with skill and generated billions in earnings. Let's give credit where it's due. GE is NOT a hedge fund.
    Dec 31, 2012. 02:11 PM | 3 Likes Like |Link to Comment
  • Bank Of America Warrants: Alpha Rich Trade To Leverage Capital Gains [View article]
    Why gamble with "options" when the common is $11.36? I own a lot of common and am at great comfort knowing that I can hold that common until I sell it at $20. I see $20 in the next 3 years as the bank continues to make some smart moves improving both balance sheet and business involvement. I have no interest in eating those warrants if my timetable is wrong.
    Dec 19, 2012. 10:22 AM | 1 Like Like |Link to Comment
  • Bank Of America: It Is Time To Take Profits [View article]
    Excellent article. I watch BAC very carefully as I have a large position with an average entry point of $5.76. I had initially set a target of $20 by mid 2014. It still appears on target so I think I'll sit tight for the moment.

    I'd be interested in seeing your Team Alpha list..where is it posted?
    Dec 14, 2012. 10:58 AM | Likes Like |Link to Comment
  • General Electric: A Sleeping Giant Poised To Double [View article]
    From your lips to God's ear. I remember the days when it was $60. The potential is there. Non-believers should short the stock and be prepared to lick their wounds. Nice article.
    Dec 12, 2012. 11:24 AM | 2 Likes Like |Link to Comment
  • Comtech Telecommunications: Buy At Book, Get One-Third Cash Rebate And 4% Yield [View article]
    Am I missing something...I don't see in your article where the 1/3 cash rebate exists. Can you explain?
    Dec 12, 2012. 10:14 AM | 1 Like Like |Link to Comment
  • General Electric: Is There A Light At The End Of The Tunnel? [View article]
    You've got to be kidding...a "book cooker". I spent a career with GE and there is no book cooking there...they are one of the most transparent companies out there. Jack Welch wasn't lucky...he is one of the smartest managers I've ever met. He made some tremendous moves over his 20 years as CEO.

    I'm not an Immelt fan, but I'm certainly a Jack Welch fan. The only problem Jack ever had was "Clintonitis"...a zipper disease!
    Dec 4, 2012. 08:48 AM | Likes Like |Link to Comment
  • General Electric: Is There A Light At The End Of The Tunnel? [View article]
    Jack Welch was probably the best and smartest CEO of the 20th century. There was very little he did that Jeffrey Immult had to "fix".
    Dec 3, 2012. 08:30 AM | 1 Like Like |Link to Comment
  • General Electric: Is There A Light At The End Of The Tunnel? [View article]
    GE has lost over 65% of its value...not 60%.

    On the good side...Jeff Immelt has improved GE's exposure to natural resources dramatically. The adds to water, oil and gas, and mining have certainly been in the right direction. He, with capable help from his GE Financial President and now Vice Chairman, Mike Neal has lowered GE's exposure to GE Capital’s risk measuredly.

    On the bad side...I'm afraid if Barrack Obama stop fasts, Jeff Immelt will find himself in an embarrassing position. He's spending way too much time in Washington and not enough time in Fairfield.
    Jack Welch paid attention to business...GE's business. He wasn't spending time with politicians who can only spend money...not make it. As an retired GE middle manager myself, I took a quite a haircut when the dividend went from $1.26 to $.40. It's inching its way back up, but certainly not fast enough to please me.

    I think GE is one of the best companies on the planet. The integrity within the organization is unparalleled in industry, in my opinion. Everything is far from perfect, but I think it's headed slowly in the right direction.
    Dec 2, 2012. 09:35 AM | 4 Likes Like |Link to Comment
  • What's Driving The Markets And Where Do We Go From Here? [View article]
    I enjoyed your article. I hold a block of BAC long and wonder if that was on your short list?
    I also found an interesting company, SunSi Energies (SSIE) and wonder if you'd give me your opinion. Thanks in advance.
    Nov 25, 2012. 09:01 AM | Likes Like |Link to Comment
  • Bank Of America Is Sick Of Square, Rolls Out New Mobile Payment System [View article]
    Your $9.80 target is a little too conservative. This was a $50 stock and will become a $20 within 36 months.
    Nov 21, 2012. 01:51 PM | Likes Like |Link to Comment
  • Ford For $3.90? Buying This Automaker Before The Move [View article]
    Fortunately I paid no attention to your bearish sentiment and my average cost on F is $2.80. My sell point is $20 and I expect to sell within 36 months.
    Nov 20, 2012. 01:03 PM | 2 Likes Like |Link to Comment
  • Top Ten History [View instapost]
    Great results..Congrats!!!

    I am very long GE and have been for years. I must sadly admit that I've owned it at $60 as well. I bought my last 1,000 shares at $7.58 so that was a great add a couple of years ago. GE just continues to reinvest itself...going where the action is and selling businesses that don't fit anymore...GE Supply, Plastics...and the like. Getting into water, energy and natural resources. They are sharp and continue to get most of what they do right!! It's not the most exciting place to be, but it is consistant and I believe the dividend will continue to be raised.

    BAC has been wonderful and I'm looking forward to selling mine when it gets to $20, hopefully within the next 24 months.
    Nov 19, 2012. 05:14 PM | Likes Like |Link to Comment
  • Buying Into Bank Of America Again [View article]
    I sure agree with going long...I bought in big time with an average cost of $5.76 and plan to sell at $20 within 18 months. BAC is really getting their hands around the cost equation and interest rates will go nowhere for at least 36 months and maybe longer with Mr. Obama calling the shots.
    Nov 19, 2012. 04:41 PM | Likes Like |Link to Comment
COMMENTS STATS
18 Comments
18 Likes