Because the MM's are screwing with it! I just watch 104k buys ( 11 transactions) go by on the ticker and no change in PPS. That was over 20% of the shares traded so far!
Because of the big run up to $1.50. Many lost big $$$ and aren't very happy. This spreads negativism which isn't helping the price per share. It will hang around these prices for a while and maybe even test the low .20's unless there's some big news released. A strong quarterly report would sure help things.
must use the word guess in order to not get deleted) is that people are deathly afraid of R/S. Seeing many state, "new bashers" tells me they're more afraid than anyone.