General Electric (GE) Having A Great September

General Electric (NYSE: GE) is up 6% today at $16.97/share on heavy volume. The stock is up 25% during the month of September alone, not quite the usual "September Swoon".

The company was decimated late last year and early this year amid concerns over its financial operations, cuts in the dividend, and large write downs. However since its low in early March the company has risen 160%.

Continued feelings of the "worst is behind us" and most of the write downs have been absorbed continue to buoy the stock. Some analysts wonder however if the change in mark-to-market accounting rules earlier this year have artificially hidden problems and propped up earnings at the company.