I am actually surprised the stock has not plunged yet today after the reverse split proxy. I guess there are just not enough people even reading the press releases anymore.
Lot of time till the RS for the stock to tank in the range of another 25% to 50% which is just another 5 to 10 cents.
It will plunge after the reverse split. It happened the same thing last time when they did a 1:125 Reverse split. ALO/SHORT/MARKET MAKER whatever you call it will bring this down after the reverse split. Now there is no point for them at .19 cents as they cannot make money at this price. They can make plenty when the price is $4.