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GE trade ideas

Lifetime opportunity, soon Bankruptcy, short with PUT options!!It's time to talk about the story of a decade! It is now clear, that General Electric has been cooking it's books for years now! Says Harry Markopolos, a legendary whislteblower, who runs a finical fraud detection company, famous with him exposing Bernie Madoff and his Wall Street firm Bernard L. Madoff Investment Securities LLC, a hedge fund that turned out to be a giant Ponzi Scheme! The company is allegedly lacking 39 billion in cash, that being a conservative estimation, covering up it's losses with sophisticated accounting and it's organizational structure! I am long PUT options on the 2.00-1.5 level with 4-6 moths expiration, and will be adding to the portfolio each month! When the company announces it's bankruptcy the stock price will go below the mentioned levels, ideally to a couple of cents per share! A MASSIVE opportunity with 1:100/ 1:300 returns, as the put options on these levels are currently worth almost nothing! even if the odds of it going bankrupt is 1:2, the risk return ratio is just mind blowing! It is important to note, that I am taking 4-6 months as an average for the previous cases of such fraud detection, like Enron and WorldCom, which both went bankrupt within 4 moths after the exposure! S NYSE:GE o I am just being on the safe side here, being up put options with further expiration each month! It does not matter how the stock's price behaves during these 4 months.If it goes up, take it as the opportunity to double down on your PUTS position.
NYSE:GEShort
by CassidyWaterhouS
18
GE broke down from 10 dollars. Possible buying opportunity?GE has been in a big down trend since 2000! where it reached around the seventy dollar area. Now it's going back down after several months in the 10 dollar area. The next levels to watch are around 6.50 where it could be a possible great buy even with all the negative factors. It is none the less a well known brand and there is something to be said for that fundamentally speaking. I'll be keeping an eye on this one over the next few weeks. Possible 100%+ return! (Not trading or investment advice.)
NYSE:GE
by Demetriostrades
General Electric - Expect volatilityGE, America's sweetheart has been accused of fraud allegations before. This time though, it's by the same person who did it on the Madoff Scheme (Harry Markopolos) Markopolos’ main points of contention are: 1) GE’s insurance obligations are woefully under-reserved and it has been lying to the Kansas Insurance Department 2) GE shouldn’t have consolidated BHGE’s financial statements, which are a source of confusion 3) GE’s evolving presentation makes it very difficult to evaluate GE’s operating performance. ------- In response to the whole ordeal, General Electric's CEO bought $2million in shares.
NYSE:GE
by dorfmanmaster
GE - Reminder of The TrendReminding viewers of what we posted 17 months ago! Lots of research being published today. The simple version is to remember Basel III agreement TCE ratios. That being addressed, GE will need capital. How that does it remains to be seen. GE needs a minimum of $32.25 billion adding non controlling equity back to the balance sheet. A maximum of $52.56 billion taking out non controlling equity. This equates to a negative $5-$10 per share currently. 2019 Cash Flow is estimated to be ~$8.812 billion. At no growth this produces an intrinsic value of $6.14 - $14.13 per share.
NYSE:GE
by The-Trend-is-the-Friend