Grovellers of our tax money....dividend should be suspended FORTHWITH. This shit of a "quansi ponzi " company will ultimately fall on their own knife as major contracts will be cancelled and they can not use their own finance arm to finance the contracts. A bit like the old dinasaurs days....a separate issue ...how is it that they are still in the Dow30 along with the other "wounded"...C,F, GM ,AA and DOW to name a few under $10...answer, politics.
Interesting as I am also short puts and long stock covered with non front month OTM calls. Even at 10 cents the yield is great and the PE is also. I dont think the economy turns this year or next but I do see GE as a stock worth having at least some of.