What's changed in the past few weeks since it shot up to $1.99?? They won a few awards, have had a few conferences for networking and gaining customers, got Dell and Federated on for 10%+ stakes each in the company.
Just because the share price isn't in $2 land doesn't mean there isn't hope for this company.
I haven't seen any red flags for this company yet, and I've been looking all around for them.