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<p>[QUOTE=&quot;Clawcoins, post: 2913644, member: 77814&quot;]I had GE, back in it&#039;s heyday up to the $60s, then sold quickly after that; and up until recently when I got out around $29/share. I got in it around $24/share.&nbsp; I had it set up for DRIP too and the dividend was pretty good at $24/share.&nbsp; But unless you have a ton of shares dividends are not great if you like to watch your balance sheet and shares owned.</p><p><br /></p><p>GE was an outperforming stock back in it&#039;s heyday.&nbsp; Thus the reason I got back in it when I settled at $24.&nbsp; Hoping it would get it&#039;s stuff together and push it back up to those 50s.&nbsp; Oh well, it just didn&#039;t have the proper management to keep all areas moving forward.&nbsp; It also shed it&#039;s assets (whereas before it was buying assets) to simplify it&#039;s business model (like so many other companies have done before it).</p><p><br /></p><p>if you like to buy &quot;bouncing&quot; stocks then buy when everyone else is panicking sometimes holds true.&nbsp; But in this particular situation if you watch fundamentals, etc. you should have sold in the upper 20s.</p><p>==&gt; <a href="http://money.cnn.com/2017/11/20/investing/general-electric-immelt-what-went-wrong/index.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://money.cnn.com/2017/11/20/investing/general-electric-immelt-what-went-wrong/index.html" rel="nofollow">http://money.cnn.com/2017/11/20/investing/general-electric-immelt-what-went-wrong/index.html</a>[/QUOTE]</p><p><br /></p>

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