because the Nomara comments came out after the market opened and PSUN was trading in the high 1.80's
you have to expect an intraday dip and I guess Nomara helped the dip go a little further
i like trading these high risk high reward situations and i have a lot of experience with them. I would be shocked if PSUN doesn't close above 1.90.
It was priced for a liquidity crunch and that has been removed. And with such a large holder of the stock, there is at least a possibility of a tender offer now that the liquidity risk has been taken off the table.