True, probability is always with the trend. In a down trend the probability is a continuation. In stocks like this a good ann can turn it around. Also there is a point where the market says its gone to far. Surely we can't be to far from that now. I can see 48 cents being reached though in the absence of a good ann soon.
With NMS best to keep the eye on the big picture. It will be a gun of a stock. Of that i have no doubt.