This is a very unsophisticated approach. It could work someday, but it ignores so many things that the company and market are telling you in the near term.
The recent drop in the price was entirely predictable:
While I am really stumped on the recent volume, the recent drop is simple: your shares now own less of the company. They have manufactured a market cap of ~40M now and the market valued it in the mid 30s prior to the raise, so now it is meandering back to the market accepted value.
Obviously new information can change that, but it remains that your "hold at all costs" approach has cost you value whether this turns around or not.