Correctomundo . Like I said... its weak hands. When a lot of people sell at the bid the price will drop. Sideways trading is a good thing though. The next major event that is PR'ed will start sending this towards heaven. It's got quite a few steps though to hit the sky, but thats what being long is all about ( walking those steps all the way up to the sky =) )
EDIT: You nailed it on the head Erock. Look at the spread lol