RE:Question is.... A few things worth noting.
200 day moving average ~ $2.95
200 day exponential moving average ~ $2.87
Pretty close to where the stock price is at.
In the past year the stock prices has bounced off these lows:
$2.62,
$2.70,
$2.95,
$2.63,
$2.47,
$2.57,
$2.64,
Also worth noting that the most recent peak in March is higher than the other local peaks. My guess is that the local lows will be trending higher as well. Who the heck knows.
Long term it's a great deal.