There's no dilution going on. This is a bear raid and should be over soon and we should see a nice bounce back up. Here is the definition of a bear raid and I think it fits perfectly...
DEFINITION of 'Bear Raid'
The illegal practice of ganging up to push a stock's price lower through concerted short selling and spreading adverse rumors about the targeted company. A bear raid is sometimes resorted to by unscrupulous short sellers who want to make a quick buck from their short positions. A bear-raid target is generally a company that is going through a challenging period, since its vulnerable position makes it easy fodder for short sellers. While short selling per se is perfectly legal, coordinated short selling is viewed as market manipulation by the Securities and Exchange Commission (SEC), while spreading false rumors is tantamount to fraudulent activity.
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