Long GE Through 2022 In The Channel
GE is potentially working on it's third bull channel here thanks to their CEO; Henry Lawrence "Larry" Culp, Jr.
Larry had a fantastic history at Danaher corporation before moving into his current role.
Larry is highly incentivized to raise GE's stock price... He will net
47M for a 50% increase in price, and 300m for a 150% increase. I would expect him to figure it out...
Things get interesting past ~2022. If Larry is incentivized to hit ~$18, then what happens after he does so? I wouldn't expect a test of the last peak at ~$31.75. Will GE keep making lower lows?
Larry had a fantastic history at Danaher corporation before moving into his current role.
Larry is highly incentivized to raise GE's stock price... He will net
47M for a 50% increase in price, and 300m for a 150% increase. I would expect him to figure it out... Things get interesting past ~2022. If Larry is incentivized to hit ~$18, then what happens after he does so? I wouldn't expect a test of the last peak at ~$31.75. Will GE keep making lower lows?
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