Nasdaqman,
Today's developments have something astonishing about them, and must be interpreted as extremely positive in any case. By placing the ground-floor valuation of the company at $1.50, it looks incredible that shares were available for most of today at 60 cents.
This could have been due to major downward (manipulative) pressure on the SP, either to allow shorts out or, even more likely, to allow some MMs to build up a position at favorable prices.
There is also the factor that a majority of market-watchers specifically interested in this stock were on holiday and not following what was happening.
I certainly think you were wise to seize this chance to 'get back in today'. It all seems a win-win situation.
Crossing fingers for a few positive PRs from PH by mid-January. Management should give some kind of response to the offer quite quickly, partly to show they are in command of the situation and know exactly where they are heading.
alj14
Market Data 
Markets 
