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<p>[QUOTE="Clawcoins, post: 3183551, member: 77814"]I used to have GE too, recently.</p><p><br /></p><p>But I bailed before they cut dividends, before the price started driving down from the 30s (bought them years ago around 26) simply becz I concluded the dividend wasn't worth it as the stock price was going to go sideways for a long while until the company reengineered itself. Plus I really wanted the $$ invested in another stock that I thought had a lot of legs on it, and still does.</p><p><br /></p><p>Years and years ago I had GE around $80 if I recall correctly - Like a couple decades ago. I was hoping they could bring the stock price back up to that level but they never had the level of profitability even though they were buying up companies to increase total revenue.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3183551, member: 77814"]I used to have GE too, recently. But I bailed before they cut dividends, before the price started driving down from the 30s (bought them years ago around 26) simply becz I concluded the dividend wasn't worth it as the stock price was going to go sideways for a long while until the company reengineered itself. Plus I really wanted the $$ invested in another stock that I thought had a lot of legs on it, and still does. Years and years ago I had GE around $80 if I recall correctly - Like a couple decades ago. I was hoping they could bring the stock price back up to that level but they never had the level of profitability even though they were buying up companies to increase total revenue.[/QUOTE]
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