Yeah, buying and selling have dried up...hence the next to nil volume I mentioned.
No one is arguing that momo is played out and there's not gonna be a new wave of buyers until some sort of update on the company's status. Just saying that it's honestly still wound pretty tight and even a small influx of buying gets us right back towards previous highs of .10+ IMO.
Every time it's taken a dip the recovery has taken far less shares than the selloff. It's getting thinner and thinner on the way up. Once we go current and get merger news this shoots past .15 in a day or two. And that's probably low-balling it. BoL