Wadirium1. I watched it. Imo, the only thing that is for sale right now is what the market makers & their computers are bouncing around trying to get action on. At the last second they pulled their asks and the stock did a 100 share trade at $5.21. What it tells me is that there wasn't a real investor with shares sitting there for sale below that price as that order would have carried through to the closing bell.
Most likely someone bought up all the shares under $5 and now the market makers are trying to play the game to get people involved so they can buy low and sell higher.
Going forward it probably goes back down a bit, but it also means that any good news coming out will leave little overhead. It's how the stock jumped over $6 on the October announcement. Then buyers faded, market makers played their game and took it to low $5s (until earnings sank it further). We just need the news in the next few months to start to be push the stock up such that it never pulls back again.
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