GE Accounting 101

Sep 26, 2018

Someone lost their magic finger counting, I mean accounting measures.

GE Grandfathers stock passed down. We're at $11-12 watching CCI go deeply negative for so long. Sell this one before it hits $5-6 then buy gramps lucky charm rabbit foot back.

Anyone call this with a 1 yr put, anyone? NM, you're not on trading view anymore if you did. Silly question.

Sep 30, 2018

Note

Best comment: "How to catch the falling knife?", which is after it lands in the ground. Sharp edge falling in review:
* Management change & challenges of growth, sale of Ind. unit to ABB
* Turbine failure & risk Sept. 2017 scares investors vs options, overly senationalized
* Falling earnings, await Power Unit strength, earnings turn-around.

Maintain your sense of humor and keep it real, and keep your money. We're all happy to pick up the knife after it hits the floor.

Oct 1, 2018

Note

BREAKING NEWS: John Flannery is out as chairman and CEO of General Electric, the company said Monday. In a unanimous vote, the GE board of directors named H. Lawrence Culp Jr. the new leader, effective immediately, a press release said.

Oct 1, 2018

Note

Stock should see 5-8% bounce this morning on news alone in pre-market jumps.

Oct 2, 2018

Order cancelled

Oct 4, 2018

Trade closed: stop reached