-- Posted by cactusbin at 11:05 am on July 10, 2009 Do any of you have an opinion on GE (general electric) stock? I believe it will hit $8 then start to rise again -- Posted by jakethesnakee93 at 11:13 am on July 10, 2009 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 -- Posted by cactusbin at 11:18 am on July 10, 2009 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 -- Posted by snipercrew at 11:23 am on July 10, 2009 na -- Posted by snipercrew at 11:25 am on July 10, 2009 definatly -- Posted by snipercrew at 11:25 am on July 10, 2009 3245 -- Posted by cactusbin at 11:39 am on July 10, 2009 Quote: from snipercrew at 11:25 am on July 10, 2009 3245 What the hell? -- Posted by shadowpool at 1:07 pm on July 10, 2009 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. Bill status:  http://www.govtrack.us/congress/bill.xpd?bill=h111-2454 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. -- Posted by Elm at 2:53 pm on July 10, 2009 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.