How to Approach GE After the Markopolos Report [TheStreet.com]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: TheStreet.com
How to Approach GE After the Markopolos Report In case you missed it, General Electric ( GE Get Report GE came out denying the claims. And then, during afternoon trading, CEO Larry Culp made a statement against the claims, saying, "GE will always take any allegation of financial misconduct seriously. But this is market manipulation - pure and simple." 's Stephen Guilfoyle weighed in on how investors should react to GE. "So what I would recommend, I guess, is the word, to retail investors is to play this strictly through the option space and strictly in far dated options that you can get for the cheap, that if you lose all the money, oh, well you lost a cup of coffee," recommended Guilfoyle. Premium Pick: Despite Hard-Punching Amazon, Walmart Holds Own as Retail Heavyweight LIVE Replay: on Recession Fears: 'Dial Back the Hysteria' Highlight: Why Bonds Should Keep The Average Investor Up at Night : What Investors Should Know About the Yield Curve Inversion And Tariffs Trade War: Pre
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