I was so surprised by it all, with their access to the ATM, that my fears for the worst dominated for a while.  In the end, my decision was to hold, since I remember the last raise and how much the stock dropped then.  I don't know what I don't know, and my expectation is that despite all the best made guesses, none of the above will actually prove to be the correct answer.  
I would much rather a sickening drop and painful dilution than for the company to go belly up. They absolutely must get the needed money.    I can't give up the idea based on the tech that one day this stock will have outperformed the market even counting the many years I've held it.  So I'm holding, and I'm so sorry for those forced into selling who'd have rather held.   Here's to you all making it all back and then some.