As for trading ABOVE the offering? Well that is what Roth is paid to accomplish while the offering is active. Another reason is 99.999% of investors do not have the insight to buy stocks this way. And finally...Short Traders are covering here since there is no downside possibility for about a month, depending on the deal struck between Roth and CITM. Sitting around here watching their money collect dust does not pay the bills...Not to mention the Upside risk they face from an extremely LOW FLOAT stock.
Any minor PR that improves the bottom line growth will rip the Shorts as we saw a month ago.