iBankCoin
Joined Jan 27, 2008
7,060 Blog Posts

$GE Cuts Dividend To 1 Cent; You Guys Got It Wrong

Below are the results from last week’s poll on $GE. As you know, the masses are almost always wrong, and they were wrong once again. $GE trades off by 9% today as the company cuts their dividend completely. Oh wait, not completely, it is now one cent. LOL

Here were the results from last week’s poll:

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Oh and $FB still sucks. We’ll touch on that in a minute…

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5 comments

  1. JOSEPH KELLY

    Actually Raul… I believe you’re the one who got it wrong… The majority got it right… The break-up value of GE is easily worth at least $15 per share… The dividend cut was already “priced in” to the stock… How can one who writes a financial blog post be that foolish? Really? You’re sublimely amateurish… I personally loaded up on March CALL options yesterday when the stock was piercing its lows… My balls were tickling with delight when the news broke… It gave us all the green light to back up the truck – cha ching! I suggest everyone heed my advice ASAP before GE begins it’s slow, steady ascent. Good Luck everyone.

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  2. juice

    the action and news in GE is what generational lows look like … just before generational bankruptcy

    no seriously, the first

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  3. jbandy

    I voted “No” for the record. You should have a poll about which stock is worse–GE or SNAP. That’s a tough pick.

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