I agree with what you are saying. Being so thinly traded I think with SPP sellers it will go down to around $1.25.
I am and have been a long term investor in this company, so even if the SP collapses when the ST traders sell I see it as an opportunity to pick up some shares at a discount ;)
I do fear for some inexperienced traders who will buy this stock aggressively, and then realise later that they can't sell at the price they want because of a lack of buyers!
WTP Price at posting:
$1.55 Sentiment: LT Buy Disclosure: Held