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To: Magnatron

Owned GE shares my parents gave me in 1961 at age 2. 10 shares grew to 2400 shares over the years due to splits and dividend reinvestment . Dead money after peak in 2001 at about $67.00 per share. Sold in December at $18.00 per share. GE is a case of very bad management by Immelt and the board.

Is it time to buy some walgreens shares? They have been down from their 12 month high of about $83.89. I have owned them for about 7 years


14 posted on 06/19/2018 4:21:52 PM PDT by ncfool (America Reborn 1/20/2017. Lets make sure we don't screw up,the opportunity to MAGA.)
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To: ncfool

#14 Buy NVIDIA. Stock is steady climber. Was $200 in January and now as high as $265 (recent drop like other stock due to trade war talk).
Look at AMD but don’t buy unless at $10. Recent 6 week rise to near $17


25 posted on 06/19/2018 4:51:13 PM PDT by minnesota_bound
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To: ncfool
I still have GE stock, and at this point will hold to see what happens. If they fold, I'll have a good loss to write off. Hopefully they come back. They have their fingers in lots of technology, including metal 3-D printing, but need to be managed better.

As regards your comments about Immelt, I'm thinking that the power of proxies needs to be consolidated, maybe with the help of the internet, to start holding people like him accountable - at all companies.

27 posted on 06/19/2018 4:51:23 PM PDT by neverevergiveup
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To: ncfool

Owned GE shares my parents gave me in 1961 at age 2. 10 shares grew to 2400


Had a college roommate in the 60s who had the same deal with IBM stock. Parents bought it for him when he was born and by the 60s he had lots of shares. When I knew him he was “rich”. Wonder how it turned out for him.

I imagine you had quite a bit of capital gains.


31 posted on 06/19/2018 4:58:14 PM PDT by hanamizu
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To: ncfool
Sold in December at $18.00 per share.

Smart move, getting out before it hits the floor. Some time ago, my wife's idiot co-workers talked her into buying in on some stock when it went way down in price, real cheap. I told her no, but she bought in. The stock was Enron, became worthless. I've made a mistake like that myself in the past. When a stock is nosediving, be very careful, and best to not buy in, or cash out and cut your losses.

32 posted on 06/19/2018 5:01:42 PM PDT by roadcat
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