I wonder what happens once we drop below $10 and enter into single digits stock territory? It's far from impossible, some analysts are already predicting that the trade war with China will push us below the line.
How long can General Electric survive in one piece in that case?
Armageddon, meltdown, implosion, sinking ship, basket cas.....take your pick. It's over soon.
In the end, the price could drop to $0.
I think you meant "unfunded liabilities" not "unfounded liabilities." Unfounded liabilities are good as they have no foundation and hence aren't actually liabilities.
"bearcattic"? No one's that dumb and I mean no one not even you. It is funny you're trying to look that stupid thinking that if you looked any smarter, you might give yourself away.
When it drops low enough GE will be kicked out of the DOW Average.
The $20B in businesses planned on being sold will just be the start. Leadership will need more cash.
The biggest issues are technology/ market shifts such as Power is facing, unfounded liabilities like long term care and the pension, low oil prices, shifts from globalism to nationalism, and failed bearcattic strategies like GGO.
It's heading for crash 'n burn make no mistake.