R0B50

General Electric: Genuine Risk of Collapse?

Well based on the comments here it appears the shorting of GE is going on in a big way...Such rediculously transparent comments by more than a few looking to convince people with bogus stories...
'I was about to buy but will now wait'
'My Mother had 1mil in GE now worth 300k'
'GE will go under $10 and the DOW 6k'
Please...I feel bad for the idiots that listen to this crap.
Sure they have issues, but this article is so slanted I am surprised I don't have to read it at a 90 degree angle.
Every company is having the same challenges for the most part, and all have done some financing to make sure they don't have to rely on short-term notes that have little market at the moment.
So what? Is this only GE's problem? No.
So buy or don't, but this is a market decission and not specific to GE. You either think this is close to a low for many stocks, or you don't.