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[–] 0 pt (edited )

I just opened a small GE position at $6.28. I'll see how it goes. I might swing trade it again, or maybe hold it. Looks like a good entry point. Hopefully it won't slip back into the $5 range. Keeping my fingers crossed it can gain some momentum.

[–] 1 pt

GE's primary business (at least that they have left) is Aviation related. You purchased a long-long term investment.

[–] 0 pt
  1. Power.
  2. Aviation.
  3. Healthcare.
  4. Renewable Energy.

Maybe long term, but I would not be surprised if it swings up to 7 in less than a month. I'd consider taking profits at that point.

[–] 1 pt

All of their remaining segments save Healthcare are kind of in limbo right now. I don't hear much about that segment, but I used to be in power - turbine stuff isn't in the greatest of shape either right now.