I have bought this oneOk I'll stick my neck out on this one and be honest. I purchased a large position of this one at an average of $18.75 just lately in the last week or so. Could it go down more? Sure it could in the short term but I personally have not let that stop me from buying it. I think their is sound value here and when I can also get 7% dividend to sit patient then it makes it tolerable. I had wanted to enter GE for some time but like Pepsico I had not had the opportunity to get it at a good price. Now finally I have been able to purchase some wonderful businesses for a bargain price. I think the underlying value of this business is going to shine eventually and then the price will take care of itself. Remember that famous saying "...greedy when the markets are scared.", well I've been greedy as of late. Im only interested in getting a good price in an above average well managed company. Again I say if you believe that the long term outlook for the market is a steady upward trend then you will not find much better times to buy exceptional companies at exceptional prices. Good luck all.
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