No. of Recommendations: 3
McNerney was one of the troika of GE execs that learned their craft at the knee of Jack Welch
Speaking of Jack Welch....
Under Jack Welch reign GE stock split something like three times. When Welch retired he gifted GE stockholders with a 2 for one stock split. The money ways falling out of the sky.
I know, I was there cashing in $$$$$$$.
When the stock took a dive under Immelt I held onto to the rest of my stock while others sold off in panic. The thought in mind GE stock was good to me before and it time it will do it again. Yep, $281
per share, I have lots of GE stock yet and not to mention the stock spinoffs to other divisions.
Patience grasshopper.
