Have you noticed its just as hard to buy at these levels without moving the asks several cents then it is to sell without moving the bids?
Liquidity is momentarily stifled. The sell a-thon looks like it hit a wall. When the bids pile back up people will feel more comfortable hitting the ask. At this point by holding you're risking a few cents to the downside, where by selling you're risking missing out on the upside.
We knew going into the conference they were unlikely to announce anything in the presentation, but hey could be meeting with companies behind closed doors. The big 2 week run up leading to the conference attracted a lot of traders (new 52 week high, technicals in a line, unusually high volume) and they were the ones whipsawing eachother fighting for pennies.
Your such an idiot, meeting with companies my butt. This company is controlled by Emory University and Dr Robinson. They are not gonna meet with somebody about what MIGHT happen next year or years from now. What kind idiots are you trying to make them out to be???