timothysykes

-$330 loss GE Long Stock

Entry comments: I used my bigger account to buy this slower moving/big company, but still an earnings winner on a beaten down stock, goal is just to make 20-40 cents/share as this is NOT a volatile stock, but lots of longterm shorts trapped so this could very well surprise and spike more

Exit comments: And that's a good reminder why I don't trade big stocks, LOL, solid brick wall of sellers, no thanks, cut losses quickly

Received 3 Karmas
Darlingnana1
Darlingnana1 Apr 20, 18 1:18 PM

Thanks for keeping it real! Sometimes ya just gotta go for it!

extremerick11
extremerick11 Apr 20, 18 2:53 PM

Was curious to see your buy alert on a blue chip. Always learning!

SamH90
SamH90 Apr 18, 19 9:03 PM

Bought some of this at 12 a couple months later.. it just kept going. Think it bottomed at like 7. Yuck!

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carolm

[TimAlerts] General Electric $GE struck a deal to sell its Australian commercial-lending business to an affiliate of Bain Capital for a reported $1.34 billion.

3rdPower

[TimAlerts] If you would've invested in $GE in December 2013 and sold at present price, you would've made $1.05 per share (3%) on your money. Be happy locking in your 5-10% profits on a single trade. :)

KylanHodson

[TimAlerts] good strategy with HLTH. Just don't be too committed to the short side imo two reasons: 1. Its already currently sold down due to negative expose over a week ago. 2. $GE gave them that 25 million line of credit not too long ago so i'm not sure the expose will have a lasting effect

timothysykes

FYI $GE was a billionair eplay a few days ago, I mocked the guy who brought it up at the #TISummit but he was right and it was a multi-day runner, so the pattern has been known to work on higher priced stocks too

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carolm

[TimAlerts] $GE m: General Electric upgraded to Outperform from Market Perform at William Blair (32.00 price target)

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