WorkerOnWallStreet

Time to Reenter GE

No kidding. When GE was under 6, the experts were screaming that that the company was finished, kaput, Chapter 11, gonzo... And suc...err small investors... were paying HUGE premiums to buy ENORMOUS quantities of puts. Way out of the money puts with a strike price of $2 were going for huge premiums!

Of course the same experts are nowhere now. But no worry... we have more experts. When GE goes to $25, even more of these super-experts will come out of the woodwork. And when GE goes to $50, EVERYONE on Wall Street will be a super-expert and then EVERY small investor will be told this is a core part of every portfolio.