The only reason this game can be played is because the company basically went into quiet mode for the last half year after AirSur fell apart. Once they start putting out regular updates and releases and proactively working on the share price, things will change. NITE is just a retail seller like you and I IMO. I just think it is either someone very impatient or someone who is trying to push this down or give the illusion things are never going to change to force folks to sell down here.
If there were consistent buying pressure/bid support...there would be no game playing going on. Somebody definitely wanted some shares last week as the bid held up nicely during one selling spurt. When the bid held, it inspired confidence for the buyers waiting in the wings and they hit that .03 pretty hard.
Had that .029 been a more solid bid...I'd bet that the buyers would've seen that and taken another shot at breaking .03. Instead a 5K sell knocked the bid to .02. Another 5K sell knocked it to .015. Then a 2K sell painted it back to to .015 where it looks "scary".
Typical low volume game playing by someone trying to accumulate on the cheap imho. All we can do is wait it out until the buying becomes more sustained. Until then..take advantage of the cheap price if you can imho.
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