Seems like everytime some nice buying comes in, there is someone there to sell off shares. Doesn't matter the volume. Could only hope that these are warrants being exchanged and not some sort of market manipulation.
Doesn't the company have shares left that they can sell into market to raise capital? I thought they did. If the stock is strong they could be doing that. There were also plenty of share sold at .06 to .16 that could need to be taken up if profit taking was on the menu. Might as well sit tight unless the stock shows serious weakness, which it hasn't. Resistance is at .21 so it will likely take some time and heavy volume for days to push through.