Friday, October 23, 2009

Going Nowhere at GE

Although Genereal Electric Co. (GE) has made a considerable move up from the March lows, I cannot see great prospects for its future.
Mentioned in this blog on 7/25/08 at 28.58, we are backing out of this position and taking a 47% loss selling it at the price of 15.20, we lick our wounds and move on.

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