Originally Posted by ThrowedInDaGame
Aye, I got a LONG position question:
I'm currently Long on GE and I've been looking into Cap and Trade for some time ever since CNBC started talking about the legislation. NBC and CNBC seem to have been talking alot about this Bill (or maybe I've been watching too much O'Reilly). Regardless, the Bill has passed so did GE use its networks to promote the bill because GE has something to gain?
If GE does, GREAT. Bull time.
I've been looking into GE's business model and subsidieary companies and I see they've invested a lot in their wind turbine section of their Energy company which could benefit greatly from Cap and Trade, and hopefully drive up share prices. Do yall see this happening?