People who got sucked in by the recent pump (not probably initiated by iceweb itself) for a quick buck are exiting out and getting sucked in some other pump elsewhere, and this may be putting some pressure on the price. However, someone is surely buying hoping that once it is over, the price will fall back to around prepump range.
Why does everyone assume when securities are diving south that "someone" is buying. This may just be MMs taking them in to provide liquidity, or MMs swaping shares just to generate volume. Along with many times it is institutional quick flipping them. Either way, there is little hope for more importantly facts that point to this security gaining any appreciation in the near future....
I said this a LONG time ago.....DEAD MONEY WALKING....
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