GE now in the $14 range with still many good operational parts. Is a long term position at this time worth considering?
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I may possibly take a small long term position around the 14-14.50 level. You may read https://www.marketwatch.com/story/ges-stock-may-rise-50-this-year-says-analyst-whos-covered-the-company-since-1983-2018-03-01
Tremendous amount of Pension debt. Don’t know how anybody could get that out of wack.
I suppose the same way governments across the country and world have done it. By Not accounting for their future obligations in their present day budgets. It’s easy, just let the next guy or administration worry about it!!
Who is this small silicon valley company that recently received FCC approval for a revolutional new devise in electricity..with GE interested in it???
Pretty sure that would be Energous (WATT). Haven’t heard about GE’s interest.