You have to me a moron to think this stock is going anywhere but down after they drop support. The IBs are getting hammered on this issue. This IPO is GE's worst nightmare, and should take GE down around 10% over the next few days.
marco the genius : - ) GE managed to pluck disaster from the jaws of success.
My guess is they were artificially holding up the price. Issuers were buying back @ 23.00, I think they will continue holding up the IPO price for a few more days, then they will let it seek its own level, which in my opinion will be around $21. Don't forget GE will distribute the shares next year.