Hasn't been enough fluctuation to allow day-traders to be flipping it. And otherwise who would be selling now knowing that insiders got nearly 3 million shares at 2 bucks each a short three weeks when the stock had been above $2.50 at the time.
Really too bad the SEC is such a toothless, lazy, incompetent, and very nearly criminally negligent bunch of clowns. They should be all over a situation like this but would rather get attention chasing some teen-ager posting junk on a message board.
They likely didn't know that Bloomberg would release that story and it still hasn't hit Yahoo or e*Trade. Probably thought they had more time to cover the giveaway and get themselves more shares at depressed prices. They are probably scrambling to keep it down as long as they can but after today's action they may have lost that part of the game.