Actually, I think that it's going to slip further when it re-opens.
Still think it's a good company, but all their positive timelines just moved further out. Either put it on the back of the stove for a long term hold, or take the loss and move on: what else can you do? I feel your pain.
Biotech is a b****.
EDIT: Very knowledge biotech guy on Twitter just predicted it will go back to $5!!!!!!
All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius