Long term forecast for General Electrics/GE.
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
www.cnbc.com/2017/11...es-of-my-career.html
Share prices of GE are correlated with global stock market crashes.
It means we just entered a phase of a global economic meltdown.
In short-term I expect price to move up then down however, in long term GE is going to 0$ or close to 0$.
Bottom of the financial crisis will be reached in ~2019.
Have a nice life :)
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
www.cnbc.com/2017/11...es-of-my-career.html
Share prices of GE are correlated with global stock market crashes.
It means we just entered a phase of a global economic meltdown.
In short-term I expect price to move up then down however, in long term GE is going to 0$ or close to 0$.
Bottom of the financial crisis will be reached in ~2019.
Have a nice life :)
Operación activa
Operación activa:
"GE Slashes 12,000 Jobs In Troubled Global Power Business"
www.zerohedge.com/ne...lobal-power-business
www.zerohedge.com/ne...lobal-power-business
Operación activa
Operación activa
Operación activa
Operación activa
Operación activa:
"General Electric shares drop to lowest level since July 2009"
www.cnbc.com/2018/03...ow-13-per-share.html
www.cnbc.com/2018/03...ow-13-per-share.html
Operación activa
Operación activa
Operación activa:
Awaiting more downward movement.
Operación activa
Comentarios:
Expecting the GE to move more down in the future, mainly because:
GE Cuts Dividend To 1 Cent Amid Huge Earnings Miss
www.zerohedge.com/ne...22-billion-writedown
GE Cuts Dividend To 1 Cent Amid Huge Earnings Miss
www.zerohedge.com/ne...22-billion-writedown
Comentarios:
General Electric slashes quarterly dividend to just a penny a share, starting in 2019
www.cnbc.com/2018/10...arnings-q3-2018.html
www.cnbc.com/2018/10...arnings-q3-2018.html
Operación activa:
"JP Morgan analyst slashes GE stock forecast to $6, lowest on Wall Street"
www.cnbc.com/2018/11...ock-target-to-6.html
www.cnbc.com/2018/11...ock-target-to-6.html
Operación activa:
Operación activa:
Operación activa
Operación activa:
It's just the beginning of the job cuts in GE!!
"General Electric to cut up to 468 jobs in France"
www.france24.com/en/...8-jobs-france-unions
"General Electric to cut up to 468 jobs in France"
www.france24.com/en/...8-jobs-france-unions
Operación activa
Operación activa:
Trade is still valid, expecting more downward push soon!
Operación activa
Operación activa:
I believe there will be more downward movement in the future months
Comentarios:
Madoff Whistleblower alleges that GE is a 'bigger fraud than Enron'
www.youtube.com/watch?v=nL5FYLZo...
www.youtube.com/watch?v=nL5FYLZo...
Operación activa:
GE Pension Benefits Freeze May Cut Deficit Up to $8 Billion
www.youtube.com/watch?v=cWsYIGup...
Still valid, GE will go bankrupt as Thomas Cook , Commerzbank etc., nobody will bail them out.
!!!Expecting a huge deflationary crisis!!
Keep your money out of the banking system.
www.youtube.com/watch?v=cWsYIGup...
Still valid, GE will go bankrupt as Thomas Cook , Commerzbank etc., nobody will bail them out.
!!!Expecting a huge deflationary crisis!!
Keep your money out of the banking system.
Operación activa:
Still active ;-)
Comentarios:
Trade is still active, we just entered a bear market that means the Greatest Depression will be announced in a few months time. It also means GE will keep crashing and may cause bankruptcy as previously mentioned. This chart confirms that:
Operación activa:
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"GE shares post one of the worst weeks of the year, down 7%"
www.cnbc.com/2018/09...rcent-this-year.html