These views may be close to the truth.
But, on the other hand, don't forget that about 6 weeks ago, 300K shares were put up for sale at $.80. Eventually those shares did get bought out.
To me this indicates that there is still some interest in buying PIOE shares, at least around $.80. No matter how many buyers there were, I don't think anyone would be shorting at that price. So I don't think anyone involved in those trades is expecting PIOE to fall much in price from that level.
So while I'm not expecting any "surprises" in 2019, I do feel as the next 4 quarters come in with small, but gradually increasing profits, PIOE will experience a gradual increase in their share price during the middle and latter parts of 2019. -jmho