Folks, if GE cuts its dividend (Wall Street is predicting it) look for some serious pull back in stock price. If, the stock price tumbles ...you know what is next. I suggest you dust off your resumes and get the hell out before you all get the pick slips. Make your own path forward in life. Painful advice I know. I am tired of watching friends, family and neighbors having their lives torn apart for such a sh_t hole of a company.
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The stock price has been lower, are you kidding me, tell that to NYS teachers union who bought this stock at 30 , this the problem with GE leadership, kick the can down the road. John seems to get it. The problem is there is only so many bullets left in the gun. I am sure there has to be talks about selling something else off. Also, GE corporate needs to be paired back by 90% , there is no need for the corporate fat cats. Run the company leadership leaner and meaner. GE power needs to cut 50% of Baden leadership staff.
@1lcy -- Ditch Trian, now that they have a board seat? How will that work?
Share price has been much lower don't panic. Benefits of a lower share price will be buyback levels improve and ditch trian
What sectors of GE are effectively by this?