You're right. Most everything is a buy here. I'd say those who dropped down from the $1.70 dump and then re-entered have given up the idea of creating a panic today. Now they want to get in where they originally intended to at $1.70, but now it is through buying.
Watch the close closely. The MM wil pull the BID and/or ASK in the last minute and you will see the sentiment of the retail guys as they scramble to get in/out.
I suspect either a pop down to the 52w low or up to $1.74 on close, though neither will be significant since the real trading is right here at $1.70. But it will set the stage for tomorrows open.