Every time this stock was trading at a new low level, a group of short sellers would cover and convert the short positions into real cash, and bargain hunters would be buying. But, a few days later, they would find the stock trading at even lower price levels. This price pattern has repeated itself for months now, although we kept hearing cocky statements from the company. Better leave it alone. You simply don't know what is going on here.
If a stock doesn't act right don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit. --- From Reminiscences Of A Stock Operator