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who would of thought that GE might take 12% hit to the stock price - I thought this was a safe haven.
now the question is if the analysts are over reacting when they demote this to a Hold rating. so - to sell or not to sell, that is the question ...
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guliamo
Apr 12 at 4:09 ET
I hate to say I told you so... but my view is that you can always get hit on any given holding.. what you need is a company with upside and with all the respect i have for GE.. i don't see the upside.. this conglomerate is well managed but just to complicated a business for me as an investor to understand. Light bulbs, turbine engines, engines for this and that.. nothing very appetizing..
GE will definitely swing back up, question is when.. i would dump it and get something a bit more exciting!