Who do you think is buying now on the way down? It ain't the weekend trader. Wait for the ihub minions to get quiet that's when the turnaround will be coming. The MMs are down and have been probably naked selling past a penny and hit the panic button. When we are updated to current and these boys have their pants down there won't be a chance to cover without taking a major hit in the wallet.
The uncertainty of getting pink current and the timing with deadline right around the corner, seems like a good time to scare the shares from the No Balls Club. This will come back but try and get back in when turns around. People are loosing their position in the lineup. Panic selling never works out in the long run.