By Karim Rahemtulla A couple of months ago, War Room members cashed in on a triple win with General Electric (NYSE: GE). It came when I recommended members buy General Electric calls after the company reported earnings and its shares were immediately clobbered.
But GE’s shares didn’t fall because of the earnings report… The report was great.
Shares fell because a short seller came out with a report that accused the company of cooking its books. This led to the perfect opportunity to buy…
Why?
Because concurrent with its strong earnings report, GE came out in full force to defend itself immediately, and, as a result, its …read more