I almost wonder if no one is really buying or selling besides people who thought it was going to bounce. The volume has been pretty low compared to when this was at $1... but what has changed? Are their assets 100x more valuable? Their debts 100x greater?
/rum ramblings
I'd imagine there is a lot of volume on people just playing the bounce back to .01
Buy .007-.008
Sell .0095-.001
Rinse. Repeat.
I did it with AAMRQ and ended up screwing myself by selling at a very bad time for a much smaller profit than just holding it from the get-go (originally bought AMR @ 2.50)