marketexplorer: I have been doing this for a long time and I have learned to look at value and opportunity. Investors sometime have a herd mentality; a few sell and others think the "smart money" is selling and they jump on that dead end band-wagon and things happen like the very recent 25% pull back in AIS. Same thing can easily happen in reverse on the up-side..
I truly think that AIS can hit $10 this year - (and most here laugh at my targets, and that's OK) - but the lowest analyst's estimates I have seen is $3 from Ladenburg and Roth - $3.50 from Madison- Williams and $5 from Michael Murphy. These are smart professionals and the lowest target is up 100% from here. I love the support of these analysts, but I ultimately buy stocks on my own research and due diligence and I know of no better risk/reward ratio than AIS. I have posted here many times all of the bullet-points I like so much about AIS and also that I can foresee any problems in their future.
Your thought about nervous investors might be right-on and maybe we haven't seen the bottom right in here - but no smart investors (except for some technicians and traders) look to pick bottoms. They look for value in greatly undervalued stocks - and that is AIS. Maybe if your worried, keep some powder dry and if it does drop further, average down to reduce your overall cost basis - but the downside is far, far less than the upside potential and to wait for a further drop of a few nickels and risk missing out on a few (to several) dollars on the upside is the dictionary definition of: Penny wise and Pound Foolish. GOOD LUCK