Looks like someone just put up another road block at $12.05.
I can't figure this out. First I thought that the MM's were filling a big order, and were keeping the price down so that they could grab the shares tossed back by the offhand trader or impatient novice... but too many shares have been sold to simply hold this down for a share sweep. Then I was thinking that folks are still dumping shares from the warrant exchange... but it's been two weeks+ already since the final exchange date.
Between myself and several others on this board and over on the CGS Board (formerly ECSC) we hold 1.5+mil of the 9mil float.
I am at a loss at this point as to where all these sellers are comming from at this pps?????