simplesimon

Adding to My GE Position

This is a good analysis. This is a diversified company with global reach-addressing fundamental needs worldwide. I read each new blurb re. what GE is up to, and it all looks and sounds good to me, as each week goes by , another huge contract for this service and that 'bagged'. I can't buy any more right now, but I tell you I wish I could at these prices. As mentioned above, the price is low for one main reason - and that it is coupled to the all time low in consumer/equities investing confidence/sentiment deflation. When confidence is high, all ships rise; and vice versa, they can all fall with the tide, as these share prices indicate...but it's just the tide that is down...not this company with a tap into a number of cash streams all over the globe. you name it , GE is there raking it in, and setting itself up to rake in more; while blowing off the stage any upstart wannabees in the process.

Performance Update: 10 Solid Clean Energy Co's to Buy On the Cheap

There have been plenty of not so flattering comments on GE, e.g.-surely few of us are happy with the dilution of late. I do believe it is still a superlative long position choice. All the news seems to indicate that GE has fallen back to regroup, and is garnering numerous enormous, gargantuan sized contracts for a wide variety of basic services worldwide. GE and Siemens are going toe to toe in many areas...but GE will be a strong player in the next few years. If I had more disposable income, I'd buy much more of it, in spite of the poor returns of late. I would not give up on this energy company at all.

General Garbage

Lots of negative comments about the original article , vis general garbage. Even though I've seen my share price go down, this is still a venerable old company with a triple A rating, and already a billion in contracts in place for wind turbines for Europe. In my humble opinion, there is no reason whatever for GE shares to be lower than $38. This temporary lull is just a reflection of the more pandemic fear mongering among investors worldwide. The right question is why billions in wind energy for Europe? The same reason we all thought the home equity as our personal ATM machine, and gas hogs were permanently the wave of the future....only 'other, poor people drove fuel efficient cars; not boastful, status conscious, brand racist elitist me".....if we insist on faulting anyone, it should be Detroit and everyone else totally asleep at the wheel. In the immortal words of Johhny Cash, "How high's the water, Mama?"


On Jun 19 11:18 AM confused investor wrote:

> Talk about Wind Energy stocks and GE stock goes down, talk of Nuclear
> Energy and GE stock goes down, talk about the need for increased
> transportations and fuel efficient locomotives and GE stock goes
> down... I just don't get it as I watch GE stock crumble for being
> in the right place/business at the right time.

GE May Spin Appliances Unit, Not Sell It

Well said, old fogey; I concur. There are a huge number of 'adults' in the marketplace who have never bathed out of a steel helmet, or worked at hard labor until every muscle and joint hurt-nor have they really ever experienced prolonged unemployability. I'm not a gloom and doom guy - just tempered/sobered by how hard things can get. We have all been trending towards decline in virtually every aspect of American life. Only old fogeys seem aware of it. Lots of opinions along the lines of alarm was heard in years past, as we 'evolved' ( cough cough ) into Hummers, and $750K homes -like this would never end. It's a dark and lonely job, but somebody has to take away the spiked punch bowl from this party. On a positive note. let's recover our original technological leadership ( and work ethic/business ethic ) once again- and get crackin' on the lessening of dependence on our "crack " habit (oil -vis, 'crack spread') ( which has a lot more to do with unbridled vanity than energy consumption.

Saut: Are We Entering a New Kind of Investment Environment?

re: new environment. I haven't read much on these pages about the change brought about by such easy access to the markets, vis online, worldwide. Perhaps I missed all of it some years ago. I would appreciate more analysis around this subject. I beleive the consensus is now narrowing its focus on those 'mob investors', let's call them until I hear an official designation, who tuen in to CNN and elsewhere for the latest 'hot tip'; and rush like the proverbial lemmings to, in this case commodities. It seems that all day these flames are fanned by experts claiming to have the inside track-hence the mob buying, that in turn has inflated oil from its former $20 a barrel to $120. Do these folks realize and udnerstand how they are driving inflation? Am I wrong? The more too many dollars chase after too few fast buck opps, the more these same investors push themselves and their finances to the abyss ( by drivign up the cost , nay doubling the cost, of virtually everythign they have to purchase with their "winnings".
It's my personal (simple ) opinion that this is a dangerous trend. Immediately, more reasonable securities advisors need to populate the satellite airwaves. It is kind of a panic with two faces, investor schizophrenia? -hence the volatility? I think we'd all like to see cooler heads prevail...but I'm not going to hold my breath for that day. I will hold out hope for it, albeit.

General Electric: Buy Now and Wait

Of all the grand old U.S companies, GE is one with all its irons in all the right fires - namely energy, finance, innovative development, international, and not just poised for lucrative contracts, but already has them in pocket. AFI ( adjusted for inflation) GE is a great candidate for long term -with the dollar driven to a 'dime' by all standards; this, in my view, is the dream ticket at $3.20 a share(AFI) we all wish we had bought 'back when'...back when what? Back when the heebie jeebie securities market was all 'a-doomsdaying'. If you think about it, the media makes a lot of dough pointing out some 'disturbing new frightful thing' ..and does so every single day. Jungle hunters ussed to do this, via the whole village gathering to beat on drums, and drive the prey into a trap. Well. your lion is in the trap. Go get a piece of it. ( disclosure: bought , then sold, and am now waiting on a low price like this one-still waiting and watching for a 'bottom' - Perhaps one more round of economic 'booga-boogla' will do it. )