Long term forecast for General Electrics/GE.
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
cnbc.com/2017/11/13/cramer-says-ge-is-one-of-the-biggest-mistakes-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$.
Bottom of the financial crisis will be reached in ~2019.
Have a nice life :)
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
cnbc.com/2017/11/13/cramer-says-ge-is-one-of-the-biggest-mistakes-of-my-career.html
Share prices of GE are correlated with global stock market crashes.
It means we just entered a phase of a global economic meltdown.
In short-term I expect price to move up then down however, in long term GE is going to 0$ or close to 0$.
Bottom of the financial crisis will be reached in ~2019.
Have a nice life :)
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"GE Slashes 12,000 Jobs In Troubled Global Power Business"zerohedge.com/news/2017-12-07/ge-slashes-12000-jobs-troubled-global-power-business
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"General Electric shares drop to lowest level since July 2009"cnbc.com/2018/03/26/general-electric-shares-drop-below-13-per-share.html
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Awaiting more downward movement.הערה
Great call made 12days ago, now:"GE shares post one of the worst weeks of the year, down 7%"
cnbc.com/2018/09/28/general-electric-short-sellers-are-up-36percent-this-year.html
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Expecting the GE to move more down in the future, mainly because:GE Cuts Dividend To 1 Cent Amid Huge Earnings Miss
zerohedge.com/news/2018-10-30/ge-cuts-dividend-1-cent-amid-huge-earnings-miss-22-billion-writedown
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General Electric slashes quarterly dividend to just a penny a share, starting in 2019cnbc.com/2018/10/30/general-electric-earnings-q3-2018.html
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"JP Morgan analyst slashes GE stock forecast to $6, lowest on Wall Street"cnbc.com/2018/11/09/jp-morgan-slashes-ge-stock-target-to-6.html
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Ken Langone: GE is a disaster - watch 2nd video!cnbc.com/2018/12/19/ge-reportedly-confidentially-files-for-ipo-of-health-care-unit.html
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It's just the beginning of the job cuts in GE!!"General Electric to cut up to 468 jobs in France"
france24.com/en/20190122-general-electric-cut-468-jobs-france-unions
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Trade is still valid, expecting more downward push soon!עסקה פעילה
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I believe there will be more downward movement in the future monthsהערה
Madoff Whistleblower alleges that GE is a 'bigger fraud than Enron'youtube.com/watch?v=nL5FYLZoB7s
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GE Pension Benefits Freeze May Cut Deficit Up to $8 Billionyoutube.com/watch?v=cWsYIGupLA8
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.
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Still active ;-)הערה
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:
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Simon_says
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.