buying GE, CERP

Presently we purchase GE, General Electric, which closed today at $32.36

Our plan is to hold on closings over $30 for the long term, perhaps adding on any slide to the $30 level. However if a significant quick gain presents itself we likely shall seize that opportunity.

Although the recent figures from GE were a disappointment, we find that the business is strong and growing which we expect to continue while the financial side of the company produced losses which we hope will be remedied in the near term. In that light, we currently view the recent sell-off as a buying opportunity thus we go long General Electric.


We balance the relatively "blue chip" GE with a highly speculative purchase of CERP, Cereplast Inc.

Here we appreciate the innovation and patents, and note that recent selling seems to be abating just above a long-term up-trend. Factoring the price of oil currently above $118 in addition to the increasing bans on plastic shopping bags worldwide and to the overall "green" trend in society we believe CERP to be a reasonable speculation at the current $0.50 price.

Read more about the company by clicking here.



We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the stocks we do, or mentioning them in this blog. If we hold existing positions we divulge the fact, otherwise we generally buy and sell as diarized here. This blog itself is merely a diarizing of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult your broker or investment advisor before making any investing decisions.

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