I disagree. If they were to announce that they/management are lowering the A/S count down from 100 billion to 50 billion or so, this thing would pop! I believe that the float/OS is far, far less than the A/S count. In addition, I think Raley and Watford are holding 30 billion shares or so.
They could voluntarily return 20 billion shares and retire them. That too would make it pop. A couple of press releases announcing the above would move this stock ATLEAST 5-fold.
Of course,it would take some sort of dilution/share reduction as mentioned above.
(in my opinion, of course)