Its very possible that the BOD seeing what the daytraders do to this stock to manipulate the price up or down are leery of seeing this go up just so that daytraders can swing the stock back down, depleting the gains.

Its so obvious:

The volumes traded, someone sells at a loss, another buys those shares, that other one that bought those shares later sells at a profit, the buyer is the one that sold at a loss, and the vicious cycle continiues back and forth until the stock price is driven so low.

The question is: When will the Daytrader let this stock perform.

There have been many articles written on how daytraders can kill a stock.

So, IMHO the BOD is just as leary of the day traders, than the forum members are of the BOD.