I went off Wamu and Lehman's trading activity after they filed BK...They both went into single digits within their first week. I figured since they both had much bigger losses than GM, we should have seen a more dramatic drop here. The only thing that makes GM different is that they got the US govt behind them, they're still doing business and expect to emerge from this in 60-90 days as stated by Obama himself. I'm going to give it some time. Its only been two days. This is headed lower and the bounce is coming. imo