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On a very short term basis, GE is starting to show some positives. The $12ish handle could be a good buying point.
On a long term basis the stock looks like crap. But, if the rumors are true around this stock I don't see it going much lower. The breakup value of the various GE businesses will start to become very attractive.
There was a false buying opportunity around the $18 range in January that a lot of people bought into. They most likely have been shaken out now and the time to buy is more likely now that all of them have bailed.
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