Boiler Room: The Official Stock Market Discussion

[88m3]

I wonder if the government shutdown is priced in?

 

[Domingo Halliburton]

Futures looking good.

 

[Domingo Halliburton]

FEEL THE MARKET...

 

[levitate]

Why invest now when there are so many unanswered questions about their future growth potential, ability to generate free cash flow with a massive debt pile, economy potentially heading into a downturn, GE Capital legacy liabilities, power business being in shambles, etc.? They are a long way off from being a long-term buy and hold. At best, I can see a few possible 20% spikes here and there but it could easily be 50% or lower than close today 6-12 months from now.

Ehhhh... classic case of over-diversification with bad divisions pulling down well-performing divisions....



I'm not concerned about those divisions that are losing money because they have many divisions that are money-makers. They'll do one of two things within the next 12 months: 1) sell off those divisions that are losing money to the Bain Capitals of the world. Or 2) sell/spin-off some of its divisions that are doing well and use the infusion of cash to adjust the shytty divisions.
Hell, its health care division alone is worth more than what it is currently trading at.

It's "go time" at the company. Big moves will be made SOON. They simply have too many valuable assets to be trading at this shytty of a price.

 

[levitate]

Oh and would you look at that...

GE is looking to spin off its health care division...

Cash flow would alleviate a lot of their debt concerns...

GE's stock surges after report of IPO plans for health-care business

Oh, and the stock is up 13% since I bought last week...

TOO much money in GE for it to not be saved...

 

[Futuristic Eskimo]

Ehhhh... classic case of over-diversification with bad divisions pulling down well-performing divisions....



I'm not concerned about those divisions that are losing money because they have many divisions that are money-makers. They'll do one of two things within the next 12 months: 1) sell off those divisions that are losing money to the Bain Capitals of the world. Or 2) sell/spin-off some of its divisions that are doing well and use the infusion of cash to adjust the shytty divisions.
Hell, its health care division alone is worth more than what it is currently trading at.

It's "go time" at the company. Big moves will be made SOON. They simply have too many valuable assets to be trading at this shytty of a price.

Difference of opinions is what makes markets

I've been been this path with other big names that were collapsing and the volatility combined with random short squeezes on news makes it not worthwhile to trade for me. Also, the Bains and Blackstones of the world have mostly already picked through the GE Capital portfolio and left an endless money pit behind. I would be shocked if anyone takes anything meaningful left there off their hands, but I have been terribly wrong on many things in the past

 

[Dameon Farrow]

Fed raising rates. Effect was felt immediately. Rate hikes will keep the market bleeding on track for some time.

 

[dora_da_destroyer]

kinda rooting for a continual downturn after interviewing with coupa, splunk and veeva and having had guidewire on my radar for some time, these declines are bringing them down to a much more affordable buy (for the longterm, based in info from interviews, and just cloud in general, growth over the next 5 years will be NICE). guess i gotta commit to a price point tho, the weekly volatility is making it so hard to call...definitely didn't expect to see splunk under $100 at this point.

 

[levitate]

Raise the rate, brehs...

 

[dora_da_destroyer]

brehs, how do i learn more about various sectors? i'm not a sophisticated trader at all, i'm more into funds/indexes, buy and hold/long term growth, and an occasional value stock. i don't have the time to commit to active trading. but outside of large blue chips and the tech sector (since i work in it), i'm blind on other sectors and geos.

 

[Futuristic Eskimo]

Caught a break with a block on my trading account

 

[Futuristic Eskimo]

Caught a break with a block on my trading account

 

[Dameon Farrow]

Raise the rate, brehs...

He promised only 2 more in 2019.

The market's inflated any damn way.

 

[88m3]

hand't realized the dow closed down today until now

 

[Dameon Farrow]

hand't realized the dow closed down today until now

Traders just knew the Fed was gonna keep rates stable. Nah. And dude kills me....he promised there would only be two rate hikes in 2019. But there's no way to guarantee something like that.

Just more volatility on the horizon. A lot of down days with green days sprinkled in. Time to accumulate and better your averages. One of the few times following the herd isn't really a bad thing.

This has been an extraordinarily shytty years for stocks though. Here's to 2019 'cause this was one for the toilet.