I hate to jump ship but I think you are correct. If (when) a secondary is offered institutions will invest but at a steep discount from where we are today. Maybe I'll jump in again around $3.75
Retreated from the so called news, yes this will see 4 soon.Some people are pushing this up with several 100 shares then dumping 10,000 to 20,000 shares. more shares have been traded to the down side then to the up.