I think that your sentiments mirror those of many investors and certainly those in my circle. Bailouts will only add synergy to the manipulation and it is highly likely that new lows will be reached even in the high single digits.
It may be wise to sell at least some of one's position at current prices. I think ASCO is definitely out. If you wait to bail out after ASCO comes and goes, without any top line news, I believe the share price will rapidly tank. One can always buy back later at much, much lower prices while allocating funds to more promising interim prospects. Not investment advice but just my personal view. Please do what your DD tells you and consider the risk with which you are comfortable. JMHO.