It's really a two-sided or more equation here right now: the noteholders have a definitive amount of stocks they want to cash out on, and yet it is in stockholders' best interest that they cash out on these lower levels!
Hence I say "oh well, let it be then - let the fluxuations continue as long as they wish ... if the company is healthy and strong, and continues in long-term growth, it's only a matter of time that the stock bolsters up".
But again - after this stage, the problems and challenges of financial asset management becomes increasingly harder.
Stocks could plummet down anytime during any stage just because management failed to meet developmental stage challenges.