GE Finally Enters the Zone of the Unknown [View article]
I certainly agree with MarkGill. While it is easy, using hindsight, to say the time to short was $40, I think the point (at least that I'd make) is that there are a lot of more attractive short candidates than GE right now. This is still a relatively solid, well-diversified company. While it is quite possible that the share price could dip to the ~$10 range, I'd say its much more likely to hover in the mid-teens for the next year or so.
-
I certainly agree with MarkGill. While it is easy, using hindsight, to say the time to short was $40, I think the point (at least that I'd make) is that there are a lot of more attractive short candidates than GE right now. This is still a relatively solid, well-diversified company. While it is quite possible that the share price could dip to the ~$10 range, I'd say its much more likely to hover in the mid-teens for the next year or so.
Dec 23 17:47 pm
|Rating:
0
0
All Comments by L Boyd »GE Finally Enters the Zone of the Unknown [View article]