$2 floor priceMore insider buying at $1.98 a share yesterday. This follows insider buying at $2.02 a share on Apr 22nd.
So, if insiders are buying at $2 a share, anyone selling below that is playing into the hands of the price manipulators. The current bid/ask of $1.90 is being manipulated by those hoping people will sell at that price.
Given the huge potential upside on this stock, and insiders buying solidly in at $2 a share, this thing should base in the low $2 range, and then start moving up over the coming days. I think it will climb back to the $3 range within the next week or two.
Today may be somewhat volatile, only because the manipulators will likely try to scare people into selling low. Be ready to buy more on a drop. We've seen this thing bounce back strongly, and it should bounce back nicely today.