According to the latest filing they have made the 1/12 RS effective 9-9-09 at 5PM. Since they announced the approval of the RS the stock has mainly traded with same volume of about 1-2 Mil shares per day in a more volatile fashion ,with dips of up to %10 intraday.
If any DOE news are to come out soon the volume should have been at least 5X what it's been.
& now we we're back down to $7.08 when I got the last quote 10 mins ago. By reducing the float you are seeing the day traders move out of the game. Most of those left rounded up & out before the split, a few others woke up to it today and rounded out at the market. You are probably going to continue seeing these swings as most holders in here now are "accumulators". They are not buying more & not selling just holding for the anticipated run to $10 - $12 on a loan announcement. This will continue to cause a larger than average gap between the bid and ask.