Basically what it comes down to is this. The stock market hates, HATES uncertainty. Even more than bad news, the rumor of bad news is worse. And that is what this stock has had the past 2-3 months with the RS rumors. That is why everyone was not buying at the ask and why the stock kept slowly falling. There was a buyers strike happening where people were really only buying at the bid, knowing they would eventually get filled. Now that the bad news is out in the open, and now that the stock is down 75% just in the last month, (Meaning the RS news is priced in) the bounce players can come in and run this thing. The dilution slowing helps as well.
This will probably drop a little in the AM, but not much. I know I will be a buyer as I believe they take this back to the 004-005 range before the RS. No, it isnt 4-5 cents, but buying down here will at least let some of you get some cash back.
I really believe this will be a great opp for some of you to get close to even again. Good luck to all. But play the short term bounce only. Long term is up to you.