This page has been archived and commenting is disabled.
What Is Going On With GE Stock Volume?
The CNBC parent company has seen an unprecedented YTD spike in dollar volume traded (VWAP times VWAP volume). On a YTD basis, GE's dollar volume is second only to that seen on March 4th when the stock hit an all time low and CNBC was really panicking. By all measures, this is an odd phenomenon, especially with a lack of any material news.
»
- 6706 reads
- Printer-friendly version
- Send to friend
- advertisements -
I heard they got a 1.5 billion dollar contract.
Or maybe their walking snake project is finally working out.
http://www.telegraph.co.uk/earth/wildlife/6187320/Snake-with-foot-found-...
Pink Floyd induced short holocaust
I believe this heatmapped loser is about to get, in the words of Robotrader, "McQueened".
HAL finds Jeff - love at first byte.
HEALTHCARE.
GE, Business Groups Call Baucus Health Plan an Improvement
GE, the world’s largest maker of medical imaging equipment, considers changes in the Baucus bill “productive,” spokesman Peter O’Toole said. The U.S. Chamber of Commerce, the nation’s biggest business lobbying group, called the bill “the best effort to date.”
Great article on asset classes http://realityarbiter.com/2009/09/the-financial-frontier-of-ignorance-ki...
Some ideas:
1) Stimulus II will include a fat desalination contract
2) Coal ban will drive demand for Jenbacher engines and wind turbines
3) What Commander Cody said
4) Airbus reversing course and now talking production cancellation
5) Bye-bye missile defence revenue
I am fond of Zerohedge since your foundation early this year. I have just created a blog of financial blogs.
Very useful for my job and no ads!!!! absolutely no ads!!!!
Just a directory of the most influential financial blogs with rss links.
Sometimes I will post some screen grabs of my bloomberg computer.
Enjoy!
www.hedgeyourmind.blogspot.com
My tired eyes deserve a darker font at http://www.hedgeyourmind.blogspot.com/
I think they announced two attempts at divestitures recently (NBC and something else I'm drawing a blank on). Sounds like raising cash to me.
My guess people who know see the Finance arm is up sh*** creek and they are using HFT strategies to squeeze shorts and get out of their longs.
Bartiromo pumping GE was the signal to start piling in, maybe?
Guess HAL got to the "Gs"...AIG, Citi, Fannie, Freddie...
LOL!!!!
So short ZION should be safe for a while yet while Hal learns his ABCs
Somebody upgraded them this week...dump no doubt
I believe they got a double catalyst from the AMR deal, (financing and engines) and, as well the stock is going parabolic into an upward correction A = C pattern which targets about $18......which equals my other target at $17.96 Synergey....;>).....IMHO
http://www.bloomberg.com:80/apps/news?pid=20601087&sid=ahZ0Y_VS18Oc
http://quote.prophet.net/JCPrintChart?href=http://pquote01.prophet.net/TemporaryFiles/JavaCharts/15.1253210355792.print.gif
All the IB trading desks that loaded up before the upgrades and AMR news just got out.
For the past 2 months we have witnessed bankrupt companies, move +50% in a single day, in the absence of any news let alone material news.
I am not sure an 8% move on significant volume qualifies as an "odd phenomenon" in this context.
That said there has been huge options volume on the name, it goes x div in a day or 2, and there are a ton of rumors about a possible secondary.
material news? who needs that? this morning i heard a full on push from CNBC that lasted about five minutes. they were pumping their little hearts out....
Just another little piece of the swindle puzzle............
Everyday there is another little bit of news that portends a higher dow level.
It's almost predictable. Next is "pre announcements"
This whole ruse is and will be orchestrated like an opera.
They advertised their stock all weekend during football. Its their target market...fat guys on the couch buy a shit-ton of aircraft engines and wind turbines.
OT
Even NOAA is into the extend and pretend business.
NOAA: Warmest Global Sea-Surface Temperatures for August and Summer16 09 2009
From the NOAA press release, just in time for Copenhagen. Of course the satellite record for August tells another story that is not quite so alarming as NCDC’s take on it.
AMS Fellow and CCM, Joe D’Aleo of ICECAP has this to say about it:.
Forgot to include the GE weighting chart.....which doesn't hurt the levitation experience....and "yes", I can spell "Synergy", but I don't know how to click "Preview"....;>)
http://www2.standardandpoors.com/spf/pdf/index/SP_500_Factsheet.pdf
http://www.indexarb.com/indexComponentWtsSP500.html
There was news today...
"Vivendi may advise GE of its plans in the next few weeks, prior to the official window. And it may decide to hold for another year. Regardless, GE is getting ready for a process that at this point apperas likely to add another media giant to to the ranks of the public markets."
http://www.cnbc.com/id/32893339
GEE, flava of da dayz
Well, the Fed/US Govt. instead of doing politically inconvenient "capital injections" which are accompanied by calls for the company receiving the "injection" to return taxpayer money, is now directly buying stock of whichever companies it wants to support on the open market. This way these corrupt organizations don't have to return ANYTHING. Cases in point C, FNM, FRE, AIG, all the TARP banks, etc.
USA = BANANA REPUBLIC.
duh stocks act in anticipation. perhaps someone is getting out before the rally is over... news is for non insiders.
looks like GE will be building Russia's next reactor
or something to that effect. Quid pro quo for the shitcaning of Missle Defense. Not only is Obama selling out the middle class, he's selling out our allies as well as our saftey.
With the Fed backstop of the money market about to end, GE desperately needs to convince the world that it's not just a debt Ponzi scheme (which it is). If CP quality becomes an issue again, GE will collapse.
Don't buy it!
Never buy the stock, but GE will not be allowed to collapse. People were outraged by Halliburton? They have nothing on the connections that GE has. Just as many secrets/favors to hide as Goldman. Except GE is currently being run by a plant and has long passed the point of insolvency. I don't think the taxpayers have seen a fraction of the money they will be dumping into saving GE (without a choice). The crap they pull off just to appear to generate revenue for the shareholders is outrageous.
GE is one of the most useful tools of the... well, you know what comes next.