I really don't see a good reason to buy here. Went straight up from $1.50 and now it seems like it wants to go straight down to $1.50. That nordic dude was right - volume spiked to 1 million shares and that was pretty close to the top. I got out at $1.95, 2.05 and 2.16. I had a limit order in for 3 hours on 3000 shares before it went through at $1.95 and it got easier to get out as the stock blew off. Right now, it seems like the excitement is gone since the earnings were about what was expected but the stock had already made a huge run. I expect a retest of the break out from $1.40-1.50. Shiver me Timbers?! What say ye to one and a half dollars Aye?
look for support at the 50 day line - about 1.70ish. I would expect to see it supported at around that number, then volume will dry, and this will rise from there.
At the 50 day, its a good place to add a few shares, and the transition from individual investors to institutions will begin as the stock drifts higher.
Its not going to be a get rich quick, and the selloff was an easy pick, as this thing was 35% over the 50 day (generally an unsustainable level unless they reported a huge Q).
Good luck Whatever you do.