It holds at these levels with little movement because the dumpers you refer to simply won't take less and the buyers are few and far between having been burnt big time over the recent past. Nobody wants to be the fool who is unloaded on by the first to sell... already knowing that they are paying more than the fools who bought at $2. The fast money in MF has been made and now its a wait until better news and more confidence brings on a new round of buyers.
Would you rather concede I was right, Now, or NOW?
We could not hold again, once again...well you know. The stock essentially tanked! Could not even hold the 5.80 price. On basis, on what arbitrary basis? Why the sell off? These nominal fluctuations cannot make a serious difference at these levels.
The volume is simply not great enough to make a difference in .05 to .15 cents. Why hold it at these levels? Why?