Do any of you have an opinion on GE (general electric) stock? I believe it will hit $8 then start to rise again
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11:05 am on July 10, 2009 | Joined: Jan. 2009 | Days Active: 57 Join to learn more about cactusbinOhio, United States | StraightMale | Posts: 273 | Points: 875
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jakethesnakee93
Dairy Product Addict
the only way they will go up is if there green technologies division does good or not. and also how many goverment contracts. the only reason the G.E factory is opened still in my city is because they make military jet engines
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11:13 am on July 10, 2009 | Joined: April 2009 | Days Active: 87 Join to learn more about jakethesnakee93Massachusetts, United States | StraightMale | Posts: 1,219 | Points: 2,152
( cactusbin )
Quality Control Engineer
I think GE is a good long term investment, because I remember reading (can't find it right now) that by 2013 the government would mandate that (i think) 30% of all power is from wind, and GE has like 85% of that market or something. I know that sounds rather vague :P
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11:18 am on July 10, 2009 | Joined: Jan. 2009 | Days Active: 57 Join to learn more about cactusbinOhio, United States | StraightMale | Posts: 273 | Points: 875
Quote: from snipercrew at 11:25 am on July 10, 2009
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What the hell?
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11:39 am on July 10, 2009 | Joined: Jan. 2009 | Days Active: 57 Join to learn more about cactusbinOhio, United States | StraightMale | Posts: 273 | Points: 875
shadowpool
Guru Patron Support Leader Tech Support Leader
If the cap and trade bill passes Senate, you might make some money. I'm hearing rumors that GE is pushing the bill and will profit off it.
I wouldn't stay in long term though. I don't think we're going to see a recovery for something like a decade. But do your own analysis of course.
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1:07 pm on July 10, 2009 | Joined: Nov. 2005 | Days Active: 907 Join to learn more about shadowpoolCalifornia, United States | Label FreeMale | Posts: 11,753 | Points: 24,847
Elm
Dairy Product Addict
I own GE stock. I'm keeping it as a longterm because the regularly pay good dividends. I'd buy if its low enough to make you want it. I went in when it dipped into the 6 dollar range. I'd imagine in ten years it will be in the mid twenties again.
2:53 pm on July 10, 2009 | Joined: Dec. 2006 | Days Active: 429 Join to learn more about ElmPennsylvania, United States | Posts: 8,676 | Points: 13,213
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