Are you watching the Ask just get stacked up over and over again? There is no hope for upward momentum. The last 10 days the Ask just keeps getting stacked and stacked against. All the people on this board waiting for $4.50 are going to get it.
Been trading for over 10 years, and never seen anything like the drop this stock has taken over the past two weeks with the exception of NVGN when it just bled and bled everyday without stopping. But even then, it had never reached the heights of CALA.
At this rate, the bleeding may not stop until the 3's. It's just 5-15% down everyday with no end in sight.