Yeah, I'm hoping they can hunker down and keep expenses as small as possible until Don Roman starts producing. No more new properties - they can't come close to developing all the properties they already own!
The $1.30 - $1.40 share range is probably from a combinations of things: 1 - Low volume. Not much activity (although there's some today) 2 - No news. No reason to generate new excitement 3 - No anticipated revenues until the end of this year. Why invest now when the stock could just sit there until December?