Trade options sound real interesting anybody make money doing that?
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So I got an alert about GE(General Electric) taking a beating today.. on track to be at its lowest in like 29 years. Likely to be related to a major airline possibly/probably to be going out of business this year and GE apparently is one of the largest jet engine makers(GE Aviation).
what yall think @DOS_patos @Sion @AZTG
let me read up on it.So I got an alert about GE(General Electric) taking a beating today.. on track to be at its lowest in like 29 years. Likely to be related to a major airline possibly/probably to be going out of business this year and GE apparently is one of the largest jet engine makers(GE Aviation).
what yall think @DOS_patos @Sion @AZTG
lol....you got the marketwtch alert?So I got an alert about GE(General Electric) taking a beating today.. on track to be at its lowest in like 29 years. Likely to be related to a major airline possibly/probably to be going out of business this year and GE apparently is one of the largest jet engine makers(GE Aviation).
what yall think @DOS_patos @Sion @AZTG
lol....you got the marketwtch alert?
lmao
i am happy to see you saw what holds it up....you are making progress.
but let me put this back on you......before i give my answer.
what are you thinking about GE?..
lmao yeah I sure did. Downloaded the app yesterday based off of your recommendation and that headline particularly stood out to me.
Read the article... shit it was news to me that they were even involved in aviation/jet engines.. learned something new today lol.
How I feel about it... I mean... even if a major airline goes out of business this year which wouldn't be surprising at all... folks still gotta move around and take flights so that part of their business will eventually recover.
My main question at the moment is what are their plans for stuff outside of jet engines/gas turbines/oil/fossil fuel stuff... do they have a plan or are they making moves for the inevitable turn towards renewable energy.
Folks always gonna need to take flights so I feel like they will recover.. more research is needed tho. Plus.. it's GE.. folks still trust their name/brand for appliances n shit don't they? lol
What app you downloaded?
this is what im talking about........yeeeeeahhhlmao yeah I sure did. Downloaded the app yesterday based off of your recommendation and that headline particularly stood out to me.
Read the article... shit it was news to me that they were even involved in aviation/jet engines.. learned something new today lol.
How I feel about it... I mean... even if a major airline goes out of business this year which wouldn't be surprising at all... folks still gotta move around and take flights so that part of their business will eventually recover.
My main question at the moment is what are their plans for stuff outside of jet engines/gas turbines/oil/fossil fuel stuff... do they have a plan or are they making moves for the inevitable turn towards renewable energy.
Folks always gonna need to take flights so I feel like they will recover.. more research is needed tho. Plus.. it's GE.. folks still trust their name/brand for appliances n shit don't they? lol
GE has been hurt for quite some time even prior to COVID lockdowns. Airlines are gonna get a whole lot uglier and anything related to or that does business with automation or automobiles is gonna be slowed down. Other segments of GE are gonna get slaughtered such as their consumer staples businesses, GE Capital and more.
Currently GE has more cash than it is worth and could take itself private tomorrow if it wanted to. The balance sheet I have to look at more carefully because they have significantly scaled the business down. GE could actually be worth a lot more than it's currently selling for. I think due to its history and significance to the American economy it would be bailed out.
Crazy the last time I bought into GE was back in 2008/2009 and I was buying at like $6 and $11 a share. I made a killing. I would thoroughly read their annual report just to be on the safe side. Personally I would wait until I read the annual report before I invested in it. I know them inside and out.
nope.....but i know they are already thinking of selling you the middle seat to space out.this aint related really... but yall think airlines might reconfigure the planes to start spacing the airplane seats out more now instead of cramming everyone in to make more bread? Some flights are only letting flight capacity get to maybe 60% to ensure they can have social distancing on the flight..
LOL just a random thought.
nope.....but i know they are already thinking of selling you the middle seat to space out.
and it has been full flights already in the states.
maybe after them lawsuits come in