As the prices continue to fall so does confidence in the big three. GM stock hovered around $5 a share on Friday, a near record low.

"It looks dire today. It could look a lot different next week,"said financial adviser Doug Adler of Raymond James and Associates.

But he adds don't count on those stocks shooting through the roof anytime soon. GM has seen a sharp decline in prices since last fall.

"A year ago GM was $40 a share. It's around $5 right now. Why is that? Just an erosion of confidence."

And high prices of commodities hasn't helped either. Record high gas prices this summer caused the stock to fall. And if with oil, plastic, and steel all taking a plunge, the credit crunch won't allow the auto giant to recover.

But an Associated Press report on Friday says the plummeting stock could force the automaker to cut production and maybe even close some plants. We asked a GM spokesperson if those cuts could affect any Lansing area plants. He simply said, 'we have no announcement to make.'

And while traders rush to sell, the stock could fall further. But that doesn't mean you should rush to buy it.

"It's a lotto ticket to some extent."

The bottom could still be days, weeks, or even months away.

"At some point, the policy makers will hit the markets hard enough and the markets will say uncle."

For the big three, that can't come soon enough.