Wadirum1.... I don't think any of us were super surprised by the price drop. When the daily volume faded and the price inched down slowly and finally broke below $6, I know I started to wonder if/when it might do a drop. It was ripe for a short seller or Market Maker or computer or whatever to play with it. I was actually looking today in the last few hours at the 1500 shares bid at $5.90 wondering what would happen if it got taken out. When it did, there wasn't anything behind it for the moment.
Hopefully this week the volume churns a bit on this move down and at least brings buyers in off the sidelines.
New short #s through the end of August will be out after the close tomorrow. We can get an idea of what's there too.
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