By Karim Rahemtulla There wasn’t enough time for me to do a full fundamental analysis on General Electric (NYSE: GE) yesterday. Regardless, I shared my thoughts on recent happenings with the company, and War Room members came out ahead.
Here’s the backstory…
An analyst came out with a report Thursday that GE was cooking its books.
This was no ordinary analyst…
It was Harry Markopolos, the same one who called out Bernie Madoff’s Ponzi scheme. His opinion is definitely worth some weight. And that weight knocked GE shares down for a loop.
Just the day before, the CEO of GE bought millions of dollars’ worth of stock in …read more
