Irene Eng The Kibbitzer

I heard from one of the traders at yesterday’s CCI meeting (which was very successful) that someone would buy on the CEO’s comments.  Immelt had rosy out look for GE, predicting the “GE’s sales outside the US expanding in the next few years by 10-15 per cent annually” b/c “China, India ‘will shield GE from downturn’”.  Ok, let’s see if GE would move.  It closed on Friday at $40.38, hasn’t been doing great since January, only up 6.9%.

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