Hedgie, I'm not sure how you can determine that an individual or entity is accumulating, but assuming that you are correct, are you able to determine how long they have been doing it and what the approximate price was when they started?
I've watched lots of stocks trade in the last 30 years, and to me this one looked like it was being carefully but deliberately bought by someone who wanted to own a lot without moving the market more than he/she/it had to. I believe this buyer began in the high $2s and has taken a breather -- presumably to allow the stock to back into a better level for purchase.
The way this stock opens up big, especially on Mondays, tells me someone knows good news that the rest of us don't.
We will see in the next few weeks if my surmise is correct.