Pokethebear

GE Accounting 101

Pokethebear Updated   
NYSE:GE   GE Aerospace
Someone lost their magic finger counting, I mean accounting measures.

GE Grandfathers stock passed down. We're at $11-12 watching CCI go deeply negative for so long. Sell this one before it hits $5-6 then buy gramps lucky charm rabbit foot back.

Anyone call this with a 1 yr put, anyone? NM, you're not on trading view anymore if you did. Silly question.
Comment:
Best comment: "How to catch the falling knife?", which is after it lands in the ground. Sharp edge falling in review:
* Management change & challenges of growth, sale of Ind. unit to ABB
* Turbine failure & risk Sept. 2017 scares investors vs options, overly senationalized
* Falling earnings, await Power Unit strength, earnings turn-around.

Maintain your sense of humor and keep it real, and keep your money. We're all happy to pick up the knife after it hits the floor.
Comment:
BREAKING NEWS: John Flannery is out as chairman and CEO of General Electric, the company said Monday. In a unanimous vote, the GE board of directors named H. Lawrence Culp Jr. the new leader, effective immediately, a press release said.
Comment:
Stock should see 5-8% bounce this morning on news alone in pre-market jumps.
Order cancelled:
Trade closed: stop reached
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