Exactly...instead of massive neurotic flipping, people that wish to sell could just incrementally put 10k on the ask and sell upward and everyone would benefit. Should there be a pps retreat they could buy a big block back.
Seriously, instead of 200k bid dumping one makes more money to sell 20 times 10.000shares at ever higher prices (for the tiny downside of some $140 commission instead of once $7 - big deal).
Anyways, this board and so far the investors act relatively smart. Seems the float is pretty locked and I think if that holds the fundamentals justify 30-50cents any time now.
In few years if management stays true to their business plan GIGL could trade at multiple dollars.
There are just a few gems like this on the OTC (in fact right now only GIGL and RXMD come to my mind; potentially FNHI, but otherwise even promising tickers are wildcards only).