The only thing driving this down is time and nerves. Look at the relatively low volume. If there were something wrong, you'd see a more intense selloff. There is no bad news and none is expected. Someone is taking advantage of weak hands. Watch Level II and you'll see that someone's slowly walking it down. It's only a matter of time until they've got all the shares they want - then we'll see some good upside.
Time and nerves? OK, but .10 every other day? No bounce back at all? If it does not turn around soon there might not be much left to hang your hat on. Every day I say it will turn back up and balance out this run down. But every day it either tanks or pushes up a few cents and then tanks. Terrible run that either ends soon or HOKU ends soon.