Say It Ain't So - GE Down Again (GE)
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Despite the 100 point rally in the Dow, General Electric Co. (NYSE: GE) is lower again. The stock is currently down 7.4% to $6.49.
Since cutting the dividend on Friday, the stock is down four straight sessions. Investors appear to have completely lost confidence in management.
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Comments
GE SURVIVAL
CAN GE SURVIVE BELOW $5 ?
GE performance
these declines just don't make sense.
GE performance
The performance smells and something is wrong. I'm a senior citizen 78 yrs, of age and part of my savings has evaporated with this co.
Change in Management
Get rid of Immelt
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No one is in control
R. Patrick on Mar 4, 2009 10:24 AMOne month ago CEO said dividend was not going to change...30 days later it is cut 75%. If there was ever an indicator that the man at the top has no idea what is happening, it is this example. I fear that the captian will be the last to leave this once great ship. One more thing...investors are beginning to recognize that GE is a bank...think about it.