It is not retail players that hold the stock down. It is hedge funds and high frequency traders who are doing the trick by having orders at both sides to make a fraction of a penny with each trade. Their computers are programmed to hold the stock constant or down. They are making money daily by shorting in the morning and recovering before the close. Have you noticed the price is up in the morning but down before the close?
They are making most money when the price does not move since they can make more money from a fraction of a penny. All these orders at 5.485 belong to them.