Good analysis - watching paint dry. I actually wonder if the offers of 500 shares are iceberg sells, where the 500 will be replaced if it sells. CGNH is no longer a day trader but a hold for the midterm type of stock now IMO.
At this point with no one buying or selling, I would take off your sells at $1.50 and ride out the game. When it begins to move again, you may not be able to replace the shares at $1.50. I would wait for a spike then sell. Also interesting at RB that someone is mentioning Germany again.