RE: Q: If trading volumes receedLet's not forget what this stock did for the entire year of 2009 ($2.60 to $3.00). It may settle into that range as well until something definite comes as a result of further testing...
Generally speaking, low volume (in this particular case) will likely see it ebb a little lower. I would call it the beginning of a consolidation stage. I traded this stock twice in 5 days for percentage gains of 13% and 25%. I was out both times before it went into the $3.00 range. Call me chicken, but a profit is a profit...