11-12-2018, 11:00 AM
(11-12-2018, 10:21 AM)EricL Wrote: Down another 8% and now below $8.
Getting to the point where debt death spiral can occur, selling shares to raise capital is no longer much of an option.
$70B market cap company with nearly $300B in liabilities.
What a sad, sad story.
So sad. I first bought GE in the recession, I believe at $6/share, give or take. With ~10 years of dividends, my cost basis is ultra-low, but I didn't think it would do a round trip like this.