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yeah I'm surprised as I read through this a lot of it seems predicated on assumptions of what will happen outside of GE. I'm far from a finance guru (but I did

by avs733 7y ago

yeah I'm surprised as I read through this a lot of it seems predicated on assumptions of what will happen outside of GE. I'm far from a finance guru (but I did buy some holiday IHG stock last night)...but this one doesn't read as fraud as much as a time bomb that could blow up at any moment, it just hasn't yet. Fraud is an entirely different level of claim. Dishonesty about the risk...sure...probably GAAPish'ing your way into a higher than deserved stock price...sure. But I can't even parse through the reports repetitions of the same information over and over with increasing strident bolded red text and skull and cross bones emojis what is the core thesis.

unreal37 7y ago
He's saying in two years they'll have to disclose losses that they don't have to disclose today. Um, OK. He's saying they don't have the cash in the bank to make a payment that they have coming due next year. Um, OK. Not really fraud, no. I think this is more of a "hope the stock falls in the future so we can get rich" kind of thing.