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Post Info TOPIC: GE to Buy Back Shares From Buffett Next Month


The Forum Celestial Advisor

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GE to Buy Back Shares From Buffett Next Month
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This will make Uke happy.

GE to Buy Back Shares From Buffett Next Month

http://www.cnbc.com/id/44508380



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If you are in a horror movie, you make bad decisions, its what you do.

Uke


Cured

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No, it won't. Buffet & Co. bought 'preferred' shares only. The purchase is like a loan, and no matter what happens to the company as a whole, preferred shares are paid FIRST. But in this case, Buffet is paid, ta DISown GE. And at a premium.

Fuckin' GE has too many divisions, and little businesses run outa garages, and basement workshops 'round the world...that dilute its real worth as a 'global' business. Sure they do a ton of things right, but their mistakes outweigh those rights, and shares in GE suffer.

Last I looked GE common was about $16 or so. Pretty damn paltry for a multi-billion dollar powerhouse! And I can't sell now because I'd lose way too much cash! Fuckin' Immelt!

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It looks like the link pointing here was faulty.

Gah. Your tab just crashed.

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