With all the layoffs and re-organization why the stock price is still at the bottom. May be investors have lost confidence in the top management and do not think if JF has what it takes to turn around the company any time soon.
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Will bounce back.
Wait...
Then shouldn't every company run by ex-GE-Welchers be losing on Wall St. too? Look at Honeywell. Wall St. still loves them and still must believe their B.S. They are basically a clone of GE and can't execute any better.
Wall street doesn't have confidence in GE anymore based on last 15 years track record of declining stock price. GE is now worst of Dow.
They believe it will take 3 to 5 years to fix bottom line and cash flow, and some even wonder if that's possible at all. They say stock will go down another 40% to 11 to 14 a share. This is why there will be 3 years more of heavy lay offs
Hate to be the spelling police, but its loser, not looser. You gotta get at least the subject right...