/biz/ - Business & Finance

>>15330079
I'm long @$13
So buy, maybe ?

I feel like GE is too big to allow to fail and if had to it would be bailed out by the Fed like the airlines.

>>15330079
Their military contracts dried up with Trump in the house
They're just bleeding out at this point
Similar to SNC lavalin

>>15330079
that whistleblower report is so transparently an attempt at market manipulation. Buy buy buy!

>>15330079
sell, idk why you’d own or be looking to buy GE in this market. Much better places to park your money.

Bleeding to zero

>>15330079
>wat do
Always buy the dip. I even bought a little DB, because it's too cheap not to. If it rebounds, I'm rich. If it doesn't, I'll be more concerned about roving cannibal normies.

>>15330166
I could see this having to do with it. Wonder how many companies were getting away with shit like this under the previous administration. I guess we’ll find out.

>>15330797
Protip: it happens under every administration just to different companies. In the current year paradigm, one of the beneficiaries is Boeing, despite selling pared down planes that occasionally spontaneously crash for reasons. What a time to be alive!

>>15330797
>Wonder how many companies were getting away with shit like this under the previous administration.
You can use their screeching as a barometer
Their hired their talking heads, including (((celebrities))), who will say anything for the right price, to spit on the democratic process because they knew this is what would happen
Unfortunately for them their suffering has just begun

>>15330140
It is, Republicans or dems would never let Siemens take worldwide market share or rolls . To many uber high quality boomer jobs rely on it.

I bought ge on the dip

>>15330079
Buy the dip.
GE going bankrupt is be bad optics for american industry at large.

>>15330079

this company is having an identity crisis. it can't figure out if it's an appliance company or a god damn bank.

sell this boomer shit.

>>15330079

by the way i'm not recommending you short this piece of shit. do so at your own risk. i never recommend shorting. period. unless you're an experienced trader.

pic related. yw. /biz.

>>15330079
That guy was so full of shit lol.

>>15330079

Don't touch this company. I work with them in my job and the culture of the company is just terrible. Jack Welsh should be shot for ruining the company and his terrible Six Sigma business practices.

I wouldn't be surprised there is a bunch of fraud. It was pretty telling nobody knew what they were doing when I asked questions.

>train company
>2019

>>15331594
GE is, at this stage, the new GM: a large, shitty financial company that has an industrial side business. For those who believe that the company will be bailed out, there is no guarantee that a bailout will save the shareholders. It is entirely possible to bail out the company while wiping out the shareholders, which is what should have been done with the banks in 2008.

>>15330079
Jump ship to $UND.

>2019
>investing in trains

>>15332248
>>15332928

based and redpilled

>>15330079
this guy knows how to FUD
https://www.youtube.com/watch?v=3jE10T250bo