Trading ObservationAlthough I cannot confirm this observation, here it is.
Anonymous appears to maintaining the trading price in the vicinity of 27 cents. As far as I know such price maintenance is not illegal whenever an oustanding all stock transaction has not been fully documented and blessed by the appropriate approving authorities.
However I cannot find a source that confirms the rules regarding this type of trading. I do know from experience that the after market price of IPOs and secondary offerings are often "massaged" for a few days (orderly market concept) after the offering is closed.
The reason I point this out is to inform those who wish to buy and sell that there may not be a significant trading range until after anonymous is no longer following instructions to maintain the price due to the offer on the table. This could help to explain why the recent tendency for the price to move up may have stalled in the 25 to 28 cent range. The price seems to be even tighter since the announcement.
Feel free to comment as this is only an observation and I have no way to confirm one way or the other.