GE is doing admirable job holding on to $6.50

Should have, would have, could have. Was expecting GE to break the $6.0 barrier and go further south. It has been top 10 in trade volume on the exchanges for a while now. Who is trading it in such heavy volume? I thought that is what the 'dark pools' were for. Why mess with retail traders and clog up the lines? Anyway, I think this will go down with the rest of the market. Till then, sideways.

Not sure how true this is - heard that pension funds, etc., cannot keep shares worth less than $5. If the GE falls below that, it will be penny stock in a flash as they are forced to unwind. Most of GE stock is with such setups. Can anyone in the know corroborate about the $5 minimum?