[Boomer]

Originally Posted by capecoralbill

Not sure on my advice, but i held GE some years ago, and all the pundants, talk said the dividend was safe. They cut the dividend shortly after that, so go figure.

The relentless maw of the 24-hour news cycle must be filled so it gives everybody a place. The blog-o-sphere is full of it, from Seeking Alpha to Forbes.

Originally Posted by dewilson58

GE..............Might be cut on Monday.

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You were right.

Originally Posted by billethkid

With Immelt finally gone from GE there is hope for the stock to get back to it's performance levels of the years before Immelt:

General Electric (GE) - 55 Year Stock Split History | MacroTrends

Sigh!!

Not sure how/why he was left in command as long as he was.

I remember that 3 for one split. But then hubris kicked in and they got way deep into trying to be in the world of finance. Unrestrained greed.

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I like calm waters and could never forgive a dividend cut. That is why I am watching the interference with T.

Boring Boomer

[dewilson58]

GE.............the first day of their recovery.

[Boomer]

Originally Posted by dewilson58

GE.............the first day of their recovery.

I admire your optimism.

Or maybe your comment is tongue-in-cheek.

I don’t know.

I truly hope GE really does recover — fast. I know people who work there.

I will watch and hope for the best.

[Boomer]

I am aggravated enough by the interference with AT&T and then tonight, while watching the Nightly Business Report, I learned something else to be concerned about.

Investors should be aware that the tax plan in Congress right now has a requirement that investors selling stocks must sell the longest held shares first—taking away the individual’s right to choose which shares to sell. Of course, if passed, this would typically result in a bigger capital gains tax hit to investors who like to take a little profit every now and then.

As those who like to do their own investing know, managing tax hits is a main ingredient in managing income. If this gets through, it is really going to hurt small investors.

[Boomer]

Today's news:

The DOJ has sued.

Are T investors screwed?