RE:Hope its not just a dead cat bounceWell, let's play this out.
Generally when a stock has a slow trickle down followed by some real sell off, there is a period where things can get really difficult. As in, there are likely a few people who were petrified by the drop to $1.15 and will want out on any slight improvement.
This can be mitigated by big moves such as today. The best way for a bottom to be reached and never seen again is for a sharp move up that psychologically assures the wary.
Right now it is at $1.31 and up 9% for the day. If that sticks into close AND if it is also followed by a week or two of slight gains technical traders will start to move in, those with cheap warrants might start getting greedy instead of scared, and growth investors will want in before Q2 results.
Thankfully, because this is a good company, even if this doesn't happen, you can still wait it out and make money in the future.