Funny...there seems to be many articles about , it is time to buy the stock. How about these GE leaders run a company and stop worrying about the blood bath the stock has taken in the past 6 months. Fundamentally, GE is being more transparent at very high level. Oh, we should be happy about that ..The expected 2018 earnings are achievable but the continued payouts to shareholders are not. When I look at my broker website , I see nothing but a sell listed for this POS company. The stock pumpers can write all they want but until the experts I pay show a buy ..no idiot on earth is going to buy this stock just because JF has confidence in the fact that the company has changed. GE needs to start treating it's employees like they are an asset not a toilet that you crap in every qrt.
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but he is keeping the lead director who was in place while the whole fiasco took place
Nobody gives a ratsa$$ if the stock goes up down or sideways. Stop whining and get back to work so I can get a bigger bonus.
The key issue is much of the executive compensation has been shifted to stock based compensation and so long as the stock is taking a beating the execs are not making as much as they were in the past. Thus, they are likely on the hunt for stock buyers among even the non-stock compensated employees as the stock will only go up if there are more buyers than sellers.