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Apart that the secondary top is in and the counter trend bounce over


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#11 K Wave

K Wave

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Posted 05 May 2020 - 08:31 AM

Jobs is going to rollover in his grave when his successor(s) finally accomplish full GE end game of Buyback Musical Chairs

 

These wasted dollars buying stock at artificially inflated prices always come home to roost eventually.

But as long as you get out before the music stops, I guess it is all good.

 

IBM already starting to look like the next GE, as debt has over doubled (62B vs 26B) in the last 10 years while equity has gone down 10%.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy