Already done. This happens all the time with the price falling below the offering price. They also get warrants to entice them.
What bad news are you referring to? I think this reaction is overblown and should see an opportunity to make some money if you buy down here. Not sure about long term but could be a short term back and forth play for a bit.
I am sure you are losing your shirt here or else you wouldn't be wasting your time on a message board you don't own stock in. It's so obvious.
The FED is out for now. The market is on it's own and down she will go. Next week will be bad.
Sentiment: Strong Sell
The results were actually good and better than anyone has reported. The best survival rate was 30% before this. Do your homework before you lie. Many many biotechs have lost same value lately. This will rise again soon.
Sentiment: Strong Buy