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#1 NAV

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Posted 09 November 2018 - 12:51 PM

http://www.traders-t...opic/168927-ge/

 

GE was around 14 then.


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#2 diogenes227

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Posted 09 November 2018 - 02:55 PM

 I see I had a rhetorical question (or not) at the end of that thread.

 

FYI, last week at 9.60, with GE free falling down nine days in a row I bought some 9 calls hoping for a quick pop for a scalp at least and it was crossing my mind at the time I SHOULD BE SHORTING THIS! It moved enough to let me put in a break-even stop and then took me out about an hour later.

 

Call that a FWIW anecdote about how thinking wrong almost always gets you into trouble but always having stop can save even the lamest brain. dunce.gif

 


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#3 Dex

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Posted 09 November 2018 - 10:38 PM

Remember when it was a high fliyer?
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#4 LMF

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Posted 10 November 2018 - 10:28 AM

There's a lot of support at zero.....when the chart looks  like GE.   Like back in the days of Enron or Worldcom.  Maybe it will be a good sign if they don't have to file for bankruptcy at some point.  When Ford was selling for less than 100 cents a share in 2009 during the GFC.....there was value there, and just a massive loss of confidence in the market overall as the end of the world had to be right around the corner.  But I don't know if anybody can figure that out with GE right now.......