selling pressure just isn't there anymore , except for your day traders .......... I believe someone is keeping this thing from popping and just sitting on the bid gobbling up cheap shares and accumulating.
"I believe someone is keeping this thing from popping and just sitting on the bid gobbling up cheap shares and accumulating" -
so "audio", how does that someone do it?...just curious how this process works.
why do you say "coiled spring"...that assumes a rapid uncoiling...what does it uncoil to, and when in your opinion?
big houses that make a market in this stock or any stock for that matter have no reason to move the bid up with no volume so unless some big buyer comes in they will just keep their bid price low and take all the shares they can and accumulate at the lower price................ you need to remember a "sale" is a "buy" and a "buy" is a "sell" .......... you just don't really know what's behind the scenes in these transactions ............... but my guess with crus being taken out to the wood shed the last couple of months that houses are starting to accumulate again , and when good news comes the price should pop because all the "real sellers" will be dried up.