You need to watch the trading on Level II to understand what's going on - this gets dropped down at low volume early in the trading day, and somehow it is held down while massive accumulation is going on in the mid-20s, drove it up to .26 at close today. But you'll always notice how sells at bid take out the bids, but buys at ask of 50,000 shares won't take out a 5000 share ask.
The drop on Friday was orchestrated so they could accumulate at lower levels. This is all a game - it's either shorts trying to cover at lower levels, or accumulators trying to accumulate at lower levels. If they wanted this thing to tank, it would have tanked when the PR came out about NYSE delisting, or it would have tanked yesterday after the Friday crash. You just need to be patient with these, this thing could take off like a rocket at any given moment. Based on the fact that this has not crashed below .20, I think they are trying to accumulate and will let it run.
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