Who could argue against him? 1:55
https://www.cnbc.com/2019/01/29/ge-shares-turn-negative-after-top-analyst-stephen-tusa-of-jp-morgan-gives-warning-before-earnings.html
13 replies (most recent on top)
he's nuts (KO'L)
The lady was ellegant:
“Ok, I will take an equity position on the other side”
She’s 15% up since this show aired.
User @1wse is spot on
He said it seven times to bully everyone, especially the woman, into shutting their mouths. If you are entertained by that sort of thing then working for GE was a blast and you deserved being treated that way.
He said a crime scene 7 times
Kevin O'Leary Trashes GE (It's a Crime Scene, a big doughnut):
https://streamable.com/9x945
Full video, no ads
GE is a Crime Scene, made me chuckle, Imelt's lucky that this guy is not an AG:
https://streamable.com/gt55k
Just look at the trend lines for the stock price. It takes time to drop lower to become fairly valued. The drop to $6.66 “The Devil’s Number” was a little too fast and is the reason for the recent pullback to higher prices.
I expect now that a relative high has been put in for the stock to drop through the 50 day moving average after tomorrow’s earnings... I mean loses... and then over the next few weeks it should re-approach the prior lows.
What to watch in the earnings report.
1) Cash Flow for 2019
2) Balance Sheet Debt Levels/ Credit Limits
3) New risks from Capital Long Term Care/ Pension/ others
4) Update on SEC and Justice Department Investigations
5) Power Turn Around/ Split
6) Healthcare Divestment
7) Oil and Gas Accelerated Stock Sales
8) WabTech Transportation Cash vs. Equity Deal Rework
9) French Govt Penalties for Failure on Employment Targets
10) Sale of GE Capital Trade Payable Services which funds cash flow for supply chain
11) Any new Fukushima risks/ GE Nuclear risks
12) Additional divestment Plans
13) Health of Aviation and any Aero Cycle Weakness
The female extolled the virtues of Culp. The big fat guy said Culp is the third CEO in 18 months and he can't unravel the GE earnings report. That's the crime. That he can't figure out the earnings report. Blah. Blah. Blah.
Everyone knows this. If it's news then it's the next thing to fake news. It's news that is not new. Maybe it's olds.
It was all made for TV BS. Only those in dire need of play acting should be entertained.
Tusa said the stock is neutral at about $7 and biding it up to +$8 is unwarranted. That's all and they barely, if even, talked about that point. It was just a made up argument about other things just for the imbeciles who still watch TV.
You hit the wrong link. Go out and turn right. Investopedia.com.
It’s a sinking ship do not invest. Mas Layoffs on the way.
O'Leary is absolutely right. GE is a unprecedented pile of debt tied to donuts.
Take your gains now before the earnings report, imo. It's going to drop like a rock. Sell, sell, sell. Don't be the last holdout.
Price will recover after Tusa's clients covered their shorts.