Massive short volume over 1/4 total of yesterdays volume will be forced to cover.... Buy now for instant ATM at market open. This stock won't go any lower because it is already undervalued from panic selling.
If you haven't noticed, the whole market is red. The whole market has been red, especially the bio world. Hedge funds control this. If you follow ask/bid you will see that it's being driven down. The bounce will happen. This will be back to $3 by next week.