GE was mentioned here awhile

    Posted by rjdst on 24th of Jun 2021 at 11:26 am

    GE was mentioned here awhile back.  It's one I trade regularly in addition to a core IRA position.  As FYI, there's a reverse 1:8 split coming up on Aug 2nd, two weeks after earnings.  

    Dividend pays out tomorrow.  Back up your piggie bank for the pennies....

    Just curious, do you or

    Posted by rfa300 on 24th of Jun 2021 at 11:34 am

    Just curious, do you or anyone else know how reverse splits work out in the longer run? Positive or negative? I've heard mixed reviews. Thanks

    It simply depends upon how

    Posted by steve on 24th of Jun 2021 at 11:42 am

    It simply depends upon how the company executes over the long run and market backdrop at the time of the reverse split.   

    Agreed.  Some think it's bearish,

    Posted by rjdst on 24th of Jun 2021 at 12:31 pm

    Agreed.  Some think it's bearish, some think there's value in reducing the number of shares.  Who knows.  Maybe Culp gets a bonus when the stock gets above $100.     

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