Susan
A couple of points:
1) We have seen a similar daily trading pattern through last week, down in the morning only to recover in the afternoon. No guarantees that will continue but so far today we are off the lows.
2) There is a big block of shares at $2.20 ask. I'm always a little suspicious of blocks like that. Is someone trying to hold the stock in place and if so for what reason? Maybe scare out some weak hands to buy lower? I certainly don't know for sure.
I have started to ask myself the question..what is the company worth if they are not bought out? How much of the current price reflects a takeout premium?
Chipshot2