Thread regarding General Electric Co. layoffs

Good GE news? Oh, well...

Source below...

In short:

  • However, with recent news pointing to solid growth opportunities and a massive reduction in debt obligations, they seem to have cleared a pathway for solid growth.
  • I am increasingly bullish on the company's long-term prospects.

https://seekingalpha.com/article/4437169-general-electric-finally-some-good-news

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| 1231 views | | 3 replies (last July 2, 2021) | Reply
Post ID: @OP+1bC5bdSO

3 replies (most recent on top)

I’ve heard it all before.” Trian believes there is a path to ~$40- $45 of implied value per share by the end of 2017.” Well, it is 2021 and it is $13.36 a share. Now you do that hoo-doo that you do so well.

https://www.10xebitda.com/wp-content/uploads/2016/11/Trian-GE-Presentation-Oct-2015.pdf

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Post ID: @1dfn+1bC5bdSO

Stock market is expected to make a 20% correction due to inflation woes on consumables, rising oil and gas prices, and declining consumer spending as the stimulus money runs out. The Fed will have no choice but to raise interest rates. As for me, I will wait. Bigger fish to fry right now.

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Post ID: @1evd+1bC5bdSO

So long Jobs in Schenectady. Many C operators will be out the door

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Post ID: @ghn+1bC5bdSO

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