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DealBreaker Cuts GM Price Target to -$5.50...

...that should get it to trade at around $2.15.

General Motors Corp. plummeted as much as 31 percent after a Deutsche Bank AG analyst downgraded the shares and cut the price target to zero.
GM lost $1.03 to $3.33 at 11:05 a.m. in New York Stock Exchange composite trading, after falling as low as $3.02. Ford Motor Co. dropped 11 cents to $1.91. Detroit-based GM said Nov. 7 it may not have enough cash to operate this year.

GM Plummets After Analyst Cuts Price Target to Zero [Bloomberg]