Hopefully you'll enjoy a nice fat dividend check come Jul 26.
Given the outsized dividend yield, might be worth buying. Can't help but compare this stock to Frontier Communications which is paying a dividend of .40 per share. I suspect another dividend cut is in the offing.
You never want to try and catch a falling knife. You will always get cut up. The pro's never, never try and catch falling knives and you should not either. You must wait for technicals to tell you when to buy. Either on massive volume day, or big up or down. Often round numbers like $5 will mark a bottom.