Filed under: Industry, General Electric (GE)
General Electric (GE) used to be a blue chip. Well, I suppose you could argue it still is one, but you’ve to admit it hasn’t acted like one for a while. Remember when the stock hit a single-digit, multi-year low last year? That was painful, especially to someone who owned a long-term position in the business. Like myself.
Besides owning a long-term position, I tried trading the company during the economic crisis. I didn’t succeed; I eventually sold the short-term position at a loss, as I mentioned in this piece. But I still hold my long-term shares. And if you haven’t been reading the financial news lately, you’ve missed all the articles about the industrial conglomerate. Looks like everyone is speaking about GE, specifically about its potential to come back in the next year or so.
Continue reading Everyone’s Talking About GE
Everyone’s Talking About GE originally appeared on BloggingStocks on Wed, 17 Mar 2010 15:40:00 EST. Please see our terms for use of feeds.
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