"In fact, if my suspicion that we've been seeing ATM action again is correct I suspect the descent may cease as last time I was sure the ATM was in use the trading occurred in the $1.4x range and quit when it dropped below that." Seems that way to me too. Last time the ATM was in use, every advance in sp was met with ATM sales until it revisited the $1.40 area. Sad that CPST seems content to throw shares out there at these levels, but we know they've also used sp spikes to arrange offerings, only to see the sp slide back to a much lower level. And the offerings themselves, to me, seem suspect given the consistent negative price action following. Seems just enriching the likes of Rodman and Renshaw at the expense of investors. Pretty pathetic.