Re: ....Venting - Cautious.
posted on
Mar 04, 2009 10:27AM
IMO, your EPS concerns are valid. Watching "Fast Money" last night, on CNBC, brings that point home. Most of the panel agreed one big problem haunting GE right now is guessing their EPS for the next several quarters. With all the uncertainty surrounding GE's capital finance arm, analyst can't get a good feel on where GE might land. If they can't figure out a Blue Chip like GE, there's no way in hell they can get comfortable with Patriot anytime in the near future. With that said, I find it hard to believe analyst, of any consequence, are watching this stock. I just don't believe it's our time, yet.