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Topic GE stock
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Original Post
cactusbin Posted 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

Replies
Elm Posted 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.
shadowpool Posted 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.

cactusbin Posted at 11:39 am on July 10, 2009
Quote: from snipercrew at 11:25 am on July 10, 2009

3245

What the hell?

snipercrew Posted at 11:25 am on July 10, 2009
3245
snipercrew Posted at 11:25 am on July 10, 2009
definatly
snipercrew Posted at 11:23 am on July 10, 2009
na
cactusbin Posted 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
jakethesnakee93 Posted 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
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