Don't be fooled by them. Look at the share price history screen - walking the price down on miniscule volume.
Fine by me. Listen up market maker - continue flashing an ask for bulk shares as low as you have been, and I'm going to continue taking them. If people are stupid enough to give you shares for $1.00 or less - more power to you.
I have been buying shares the last couple of days and I'll keep buying. This is a turnaround situation, Fairly new CEO who indicated in last earnings release that ELMD saw positive momentum in the second half of last quarter and that trend would continue this quarter and in 2014. This was a $2 stock last year. Not sure if it can there by end of year but it can get above $1.50 in the next few months if the next two Q's are good. At a $1 per share, the risks/rewards are pretty good in my opinion.