Did GE just signal another third-quarter earnings dumpster fire? via @bopinion

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Did GE just signal another third-quarter earnings dumpster fire? via bopinion

 

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bopinion I love the term ‘dumpster fire’ in the context of financial lingo. I’m pretty there aren’t that many actual dumpsters that have a fire but they sure are talked about a lot on Wall Street.

bopinion Where's Neutron Jack when u need him?😂

bopinion Seems like that downward spiral doesn’t end quite yet...

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GE headed lower because key aviation business is worth less than believed, analyst saysGeneral Electric may yet sell its valuable aviation financing and leasing business, GE Capital Aviation Services, as the embattled conglomerate looks at ways to boost its fallen value. LOL $GE THEY OWN ALMOST 2,000 AIRCRAFT - AND GENERAL EECTRIC IS MORE THAN JUST THE JET LEASING BUSINESS - THEY ARE DOING BILLION $ DEALS EVERYDAY THESE ANALYSTS ARE NOT THINKING NOR ADDING CORRECTLY - GE IS WORTH 20$ A SHARE I CHALLANGE ANY ANALYST TO GO ON WITH ME UR WRONG $GE THE FACT THEY ARE SELLING NO CORE ASSETS AND PAYING DOWN DEBT - SPINNING OFF THE WORLDS PREMIER HEALTHCARE COMPANY ETC - IS EXACTLY WHYT THIS IS CHEAP AND LETS FORGET ABOUT THE DAILY BILLION DOLLAR DEALS THEY DO.. What? You mean it's hard to properly value the assets of a stale bureaucratic conglomerate clusterfuck? But the market loves conglomerate clusterfucks with a cloudy risk profile!! $AAPL, $AMZN, $FB, $GOOGL are the same shit as GE except that they have more modern logos...
Source: CNBC - 🏆 12. / 72 Read more »

Watch out for an 'unfavorable' GE earnings report, JP Morgan's Tusa warnsGeneral Electric's upcoming earnings report will likely be 'unfavorable' for the stock after its recent run up, J.P. Morgan said on Tuesday. THIS GUY TUSA IS GETTING RIDICULOUS $GE
Source: CNBC - 🏆 12. / 72 Read more »

GE, once America's most valuable company, is now fighting to avoid becoming a junk bond nameGE's stock is a sliver of its former self, and its bonds are now trading as if they are already junk-rated, putting pressure on new CEO Larry Culp to quickly raise cash and cut debt. This is the end. Blockchain is the answer. Look what it did for IBM... They're making junk turbines, dryers, etc., etc....
Source: CNBC - 🏆 12. / 72 Read more »