HILL seems to be holding in the $2.90 - $3.00 range in a morbidly boring fashion. Next bt of news will propel it and I assume there will be high volume, spike and pull-back. Another opportunity to make a profit and buy-back.
Good news there is some strength in this level. It looks to me like someone (or maybe its coincidence) had been buying 20k-30k shares at about 10am a couple of days recently. This has driven the stock up maybe .08 to .10 and then it gives back to the market by end of day.
Noticed that it happened a few times in the last two weeks. Could be market maker, could be someone gauging price-volume sensitivity. 20k shares is only $60k so its worth it to someone like Goldman Sachs to test with live trades.
All I would say is the range & volume have been pretty tight and illiquid. Try getting in and out with a large block. B0ttom line is no one is selling anything big so tension is building for a larger upside move and or spike as we have seen. Also the 50/100 & 200 MAs move up in support.
i think someone is waiting for word on the LSI/Ntap deal and hoping HILL will pick up on whatever is left from there. NTAP will be the bigger deal in terms of valuation, hype and media, but HILL will continue like CML was after 3par.