GE is into data analysis these days. Check out this site that gave GE 51% probability of going bankrupt in some form or other. Anyway it has some interesting info even you don't believe it will happen. https://www.macroaxis.com/invest/ratio/GE--Probability-Of-Bankruptcy
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GE was literally double the share price one year ago. Furthermore, GE was at 48% probability of bankruptcy in 2017, and now it's at 51% in 2018 after it jettisoned the Functionally Retarded CEO with the lesioned frontal cortex.
die die die, Immelt!
i agree!
Who cares if GE goes bankrupt they deserve to be through sheer incompetence.
Sorry, but if you bothered to read a little further down on the web site you cited, it clearly states:
"Probability of Bankruptcy SHOULD NOT be confused with actual chance of a company to file for chapter 7, 11, 12 or 13 bankruptcy protection."
The number cited is a Z score and anyone familiar with GE's Six Sigma should know how much significance to give to Z scores. In any event, it does NOT mean that there is a 51% chance that GE will declare bankruptcy, so don't get your knickers in a twist.
FAKE NEWS
"About Probability Of Bankruptcy
Probability of Bankruptcy SHOULD NOT be confused with actual chance of a company to file for chapter 7, 11, 12 or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors."
I didn't need a "data analysis" to tell me GE is having trouble delivering on the expectations of its investors. Only an idiot would think that was worth posting.