microdol

What Does Warren Buffett See in General Electric?

Maybe WEB bought into GE too early, but there is nothing to say he cannot buy MORE of it - if it drops - later, but also keep in mind he isn't buying the stock at the same prices you or I buy it for, he's getting a nice discount. Fair ? Try fighting it.

As far as trying to figure the net worth of the company, I bought in over the summer at 32, watched it rocket to 38, and I didn't sell it. So now it's 20, boo hoo - what's wrong with GE ???? Easy - same thing that is wrong with every other stock that has dropped 40% over the last 3 months - NOTHING.
This isn't a broken 'company', it's a broken 'stock'.