Thursday, February 5, 2009

GE - Bring good things - anything will do for now


Big Big Big company... Bog job... Perspective.

GE dipped below $11/share today. The $1.24 dividend now delivers an 11% annual rate. They committed to paying the dividend (good thing). As long as that news doesn't change, getting paid to wait for a recovery by holding GE seems to be a splendid idea. Schwing Batta!

Come on now... Momma needs a new pair of shoes!
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