GE - General Electric

[VTechTrader]

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Energy Infrastructure segment produces gas, steam, and aeroderivative turbines; generators; and combined cycle systems, as well as provides water treatment services and equipment. This segment also sells surface and subsea drilling and production systems, floating production platform equipment, compressors, turbines, turboexpanders, and high pressure reactors to national, international, and independent oil and gas companies; and offers equipment overhauls and upgrades, pipeline inspection and integrity services, remote diagnostic and monitoring, and contractual service agreements. The company’s Technology Infrastructure segment manufactures jet engines, aerospace systems and equipment, and its replacement parts, as well as provides repair and maintenance services for commercial aircraft; military aircraft, includ ing fighters, bombers, tankers, and helicopters; marine applications; and executive and regional aircraft. This segment also produces healthcare products, including diagnostic imaging systems; offers transportation products and maintenance services; provides enterprise solutions using sensors for temperature, pressure, moisture, gas and flow rate, as well as non-destructive testing inspection equipment. GE’s NBC Universal segment engages in the production and distribution of films and television programs; operation of television stations and cable/satellite television networks, as well as theme parks. The company’s Capital Finance segment offers loans, leases, and other financial services to customers, including manufacturers, distributors, and end-users of equipment and major capital assets. Its Consumer & Industrial segment produces various house hold appliances, lighting products, and electrical equipment and control products, as well as provides related services. The company was founded in 1892 and is based in Fairfield, Connecticut.

[rossiTK]

wow look at GE



breakout.....wish i noticed earlier

[Hyper]

I've been holding since 33.25, not too bad I suppose.

[Money Shaker]

Originally Posted by Hyper

I've been holding since 33.25, not too bad I suppose.

[Doc]

GE to acquire Vetco Gray (GE) 37.56 : Co enters into an agreement to acquire Vetco Gray for $1.9 bln from Candover, 3i & JP Morgan Partners. Vetco Gray is a supplier of drilling, completion and production equipment for on- and offshore oil and gas fields, including subsea applications.

[Doc]

General Electric announced it has acquired Wave Biotech (GE) 35.36 -0.02 : Co announced it has acquired Wave Biotech, a supplier of innovative disposable manufacturing technologies for the biopharmaceutical industry. The acquisition of Wave Biotech LLC including its subsidiary Wave Europe Pvt. Ltd. will allow GE Healthcare to expand its offering of products and services for the manufacture of biopharmaceuticals such as antibodies and vaccines. Financial terms were not disclosed.

[rossiTK]

berry nice

[rossiTK]

down hard

25 puts at .33

[Hyper]

How about this play.

200 shares at 36.85

DEC 35 puts going for $.39 Buy 2

DEC 35 calls selling for $2.31 Sell 2

You end up neutral if price stays flat, if it goes south, you capitalize off the sold calls and you still end up ahead because of the puts.

This will be a paper trade for me. Does this sound like a good idea or a crappy one? I kind of ran it quickly in my head.

[rossiTK]

great protective play......i'm just put naked based soley on a short term downward momo play

Originally Posted by Hyper

How about this play.

200 shares at 36.85

DEC 35 puts going for $.39 Buy 2

DEC 35 calls selling for $2.31 Sell 2

You end up neutral if price stays flat, if it goes south, you capitalize off the sold calls and you still end up ahead because of the puts.

This will be a paper trade for me. Does this sound like a good idea or a crappy one? I kind of ran it quickly in my head.