In my experience, when volume goes dramatically up, and the stock goes down that day, it is the start of a downtrend. When the volume goes dramatically up, and the stock goes up that day, it is the start of an untrend.
This company may hit a volume of 100M shares by the end of the day.
The daily average volume is about 28M shares, averaged out over the last 30 days.
I would hope the stock would rise to at least $6.50 by close today.
Tomorrow, and the rest of the month, the trend should be down.
Walk away, come back just before or at Thanksgiving, and reevaluate. There is nothing you can do.
There may be an opportunity in two weeks to make some coin, but buying in now is financial suicide.
