The chart is very negative, with a large percentage drop in the past week or so. It closed on the ninth at 5.98 and opened on the tenth at 4.69. That open gap down is very bearish. The last several days of intraday charts are also bearish to at best neutral. The short volume is very high. A long position is out of the question. You could wait for a bounce to 5 or so (which might occur with some small amount of good news) and then short the stock intending to sell at about 3.60, or place a sell order with a limit price of 3.50 or so to catch the next drop in price when it breaks down again.