THe strategy that NotRichYet postulates is one that should indeed make people think. We know that there are traders' gangs that run the stock up and down, and although personally I think it is utterly foolish to think of trading this stock because an unexpected announcement could come at any time, certainly the idea of holding some and trading some is one that people have mentioned.

I won't trade this, because I think this is undervalued even at 5/share, but I can see how someone not familiar with the history of the stock might want to try this.

Remember, you can always re-evaluate whether you want to sell above 1 when the stock gets there again.