Friday, April 10, 2015

GE Gaps Up On Real Estate Unit Sale

KDK Fund stock GE continues its move to focus on its industrial business by announcing the sale of most of its Real Estate business. The link to the Bloomberg story is here.  This has provided a gap up on the stock. The fund wishes this announcement could have been announced after the dividend payment in a couple of weeks as the dividends are currently reinvested ;).

One of the things that KDK Fund is getting assistance on from KeaneVCC is that focus is extremely important to your mission's success. GE seems to be headed that way with their industrial businesses.

 **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to or on twitter @kdkfund.

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