I think there's a trader employing short selling to reap profits from the weak Bids, and PUMA is the MM being utilized. I've watched PUMA lead the Ask (borrowing shares and sell high) and then lead the Bid (covering for gains) the past two weeks.
The $.02 dive was very surprising especially after the 6/30/14 10-Q was filed early. The 10-Q showed CAPC moving right along with much of the long-term debt gone now. What isn't surprising is the pps went back to the latest support range of $.048.
Congrats to those who got $.03s yesterday. I certainly missed that opportunity. CAPC just keeps getting better IMO.
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