Actually, it's not "falling even faster". In fact, just last week we had a period where the 'ask' was $0.20, which is EXACTLY what the 'ask' was on the day of the R/S (May 8th).
That was after about one month.
Last year, after one month the 'ask' was never $2.00, but around $0.25 or so.....
In other words, this time around, the rate of descent has slowed, as it has been doing since 2010. That is, 2010's dilution rate was less than 2009's rate. Meanwhile, 2011's dilution was slower than 2010's dilution, and 2012's dilution is (so far) slower than 2011's dilution.
As to why there was no bounce in 2011, your guess is as good as mine. I wasted $550 being wrong, though.
