Huge miss on the BHGE numbers caught by one of the analysts. Time for her to head out the door?
8 replies (most recent on top)
Jamie's a Schlub...
Some of the numbers were not great but there was no announcement of additional skeletons in the closet (hidden financial problems). This may give investors the belief that all of the skeletons have been announced and that while the company has work to do improving cash, the hidden cash drains are gone.
Hardly. When a stock goes from Sell to Neutral, you buy some of it, say 2% of your portfolio. When it goes from Neutral to Hold, you buy more of it, say up to 4% of your portfolio. When it goes from Hold to Neutral, you sell most of it, especially if their are better buys. That's how investing works. Buy low. Sell high. Unless you work for GE of course, so what you said makes sense but not the way you meant it. If you work for GE, you buy high, sell low, complain it's all fixed and worry about the pension.
Tusa, JPM analyst, has lost credibility.
Nope. She is still too busy trying to sleep her way to the top.
Had a good day because the stock is inappropriately going up? Way too many unanswered questions about cash generation and paying the debt.
Link? Have not seen that listed on any site so far.
By all accounts GE had a good day today so let's make fun of a woman......