Maybe. I am thinking it might until GE starts dumping to complete the Kalani distribution. From $7 tomorrow probably gets knocked back down to $3.50 - $4.25 is my guess. Consider they still have about $145 million to dump. The number OS shares tomorrow will be ~9.6 million. They will end up dumping another 24 million shares give or take or 2.5 times the current OS to complete the dilution. That is going to hurt the pps.
At some point though, it will make sense to take a position. I am in wait mode.