For now, I see it as 50:50 that it's making a low around here....

For now, I see it as 50:50 that it's making a low around here. The alternative is that this is a brief consolidation before maybe another 10-15c lower and that would be a rather large roughly 50% retrace.That's likely a limited amount of downside now compared to what it's already done so far, so it would be a bit of a gamble to sell here and hope to buy back cheaper.
What this stock could really use now to get the shorts scrambling is some notices of directors starting to buy back what they sold. That would send a message to the market and I'd imagine the chairman has very deep pockets, especially after selling a big parcel of these up higher. A notice of his buying would get a lot of others buying and that could swamp any short sellers.
Maybe wishful thinking but you never know.