New perspectives aired today...
8 replies (most recent on top)
It sounds like we hit a nerve with someone at JPM: "Plus JPM is not involved in manipulations to the extent shared on this board.
Right. Plus JPM is not involved in manipulations to the extent shared on this board.
Putting aside GED, it is somewhat of a rare event that JPM would say for any highly established company "there is little equity value"...
Nuke it!
Probably stock price effect (.0005) / sh. Or less
It looks like he shot his full load to try to move the price down. I guess he or his bank needed it to move down for whatever they have in the works. But sadly his micro-pe–sdidn't have much impact this time around. Better luck next time Stephen!
What is effect of GED on share price - is it even positive ?
I think he knows his reports on GE can move the market. He didn't have enough after GE's last earnings release, but came out now with what he could muster. He probably needed the GE stock to move down now, then bounce back up to make some options or other derivates play pay off over the next couple days. I think Tusa's latest report will be a non-event after the dust settles. I say that not taking away anything from his otherwise dead on analysis of GE over the past few years.