I don't know about pump and dumps, but I have traded in and out of this stock 4 times in the last 3 months making between 250 and 500 a pop, I love this stock. Got 5000 shares right now at 1.36 and a buy for another thousand set at 1.20. Expect it to curve up as ex-div date approaches.
Pump and dump, no. Halted ? No, it still trades about 200k shares based upon avg volume for three months. I have been stuck in this POS since mid-2008. At least it pays a dividend. Can not really process covered calls; just not enough interest in the buyers of covered calls. Book value ( meaning sell all the ships and the "kitchen sink" ) comes to about $4.50/share. So, this thing just sits. When will it get to the mid $13s, G-d only knows. I always vote the entire BoD completely out, but it does no good; they still get elected !!