GE Finally Joins Victims of Financial Crisis [View article]
Add to Greg T's commets the fact that GE was a$58 stock in Jan 2001 and is now valued at $22.25 by GE's own valuation almost 8 years later,this has been a terrible investment.Any co. that needs to borrow capital at 10% is in trouble.Also, the 3 billion warrant to buy common shares at $ 22 will hold down share price for some time.This long time invester is gone.
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Add to Greg T's commets the fact that GE was a$58 stock in Jan 2001 and is now valued at $22.25 by GE's own valuation almost 8 years later,this has been a terrible investment.Any co. that needs to borrow capital at 10% is in trouble.Also, the 3 billion warrant to buy common shares at $ 22 will hold down share price for some time.This long time invester is gone.
Oct 02 11:43 am
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All Comments by Rick B »GE Finally Joins Victims of Financial Crisis [View article]