After the earnings report for power and 273? 225 out the door this year for Schenectady
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No no this isnt true, according to our wonderful lying union officials no layoffs until march of 2021, too bad us ex battery plant folks know damn well the union lies like no other as we were lied to for over 3 months before we finally got told we were done. I as a steward brought many concerns to their attention and on many occasions was told wed be going back to work knowing damn well I was being lied to the whole time. Kind of seems similar to what's going on now.
Every time GE sells part of itself or there is a glimmer of promise in the near future, the stock does a little spike and is then followed by a decline twice the size of the spike a few days later. What happens when there is noting left to sell? What will give the next glimmer of hope to turn things around? GE is being picked clean in its last dying days by those on the inside and their friends on the outside.
That's going to be Culps next "lever" to assure investors he's doing all he can for their stocks.
Agree on the # of 225, put that will drag on until 1Q2021