Posh's promotion challenge in League One took another blow as they crashed to a fourth successive defeat at the hands of 10-man Stevenage.
A classy 20th-minute strike from Lucas Akins - his first league goal of the season - settled the contest at London Road 1-0 in favour of Boro. The winger collected a Michael Doughty pass and guided a stunning 20-yard curler past home goalkeeper Bobby Olejnik.
Stevenage had midfielder Jimmy Smith sent off for collecting a second booking in the 64th minute but they still held on comfortably as the out-of-form hosts departed the field to a chorus of jeers.
Posh created little throughout with QPR loanee Hogan Ephraim failing to convert their best two opportunities. He was denied by veteran Stevenage keeper Chris Day late in the first half and then thwarted by a fine block from defender Luke Jones in the second period.
Ferguson said: "It doesn't take too much to work out that things are not going well after four successive defeats and one point from a possible 15.
"We lost that game in the opening 20 minutes. The amount of fear we played with was unbelievable. Stevenage got their goal and credit to them for hanging onto it.
"We did get more possession and put a lot of balls into the box but we couldn't find the final piece of the jigsaw.
"I have never seen one of my teams score as few goals as we are doing at the moment.
"I'm sure there will be plenty of people saying 'get Fergie out' and that is not a problem for me.
"If you choose to have a career in the public eye you have to accept the criticism just as you do the praise."
The return of key players Lee Tomlin and Tommy Rowe from suspension and injury respectively failed to inspire a change of fortunes.
Ferguson also handed a debut to striker Kyle Vassell following his arrival from non-league Bishop's Stortford, but admitted he 'felt sorry' for the 20 year-old.