based on emotion.
that is what the price of this stock is based on right now. it clearly is not based on value, it is based on the hope they will make this thing... one day.
the original offering was $12, and most who bought it are those who have followed this company trough 2+ years of being not much further behind where they are now. many of these people are true believers who will ride it out if the price goes below 12. but above 12... easy money is easy money. with as bloated as the price got, quite a few took the easy money, so i expect it will drop lower than 12 with those who got caught up in the price run away, and were not original investors.. but that's where it would have sat if not for the brokerage debacle.
i dumped awhile ago.
News 
Market Data 
Discover 
