wimike, my guess is wainright gave a $3 target because they got about 500k shares to get rid of. If you look they got their commission paid in shares. between the last 3 offerings they are a major shareholder and probably want to unload.
Wimike - yeah wainwright is all about its commission... I am going fishing for next 10 days, so if you are bored you should come meet up with me for a day.