RE:Time to bailIn my opinion it's not time to bail assuming that you did not put your life savings into this. It won't take much to turn things around. An announcement to replace MT or that upcoming guidance is on track and there would be a significant reversal.
I fully expect an announcement stating that the are delaying 50% of the earn in payments and that CRX will be paying out for lawsuits (a reasonable amount related to not announcing earlier that they would miss guidance - but not a huge settlement as even if they announced earlier the stock stock would have dropped and investors would have incurred losses not much different than they did when they reported earnings).
Risk reward is reasonable here for a small portion of your portfolio in my opinion. I have already taken two small losses so far and covered my position but today bought a bit with the intention to add as we get closer to to $5 US amd not ever cover knowing this is a high risk and high reward opportunity.
glta.