I would say his sarcasm is warranted. The $1 price target was thrown around with no justification.
Global markets are being sold off, china's enforcing new regulations that has the big guys scared, and you'll are like we're going to $1.
The low volume is clearly a sign of caution on the buy side, and greed on the sell side. Like your distant cousin in BUB, it will be sold down slowly as hope slowly fades, LT's will average down but as evident by previous actions this will slowly drop until decent news comes out.
Unfortunately like BUB's forum this place is filled with dreamers, so this smack of reality will be followed by "YOU JUST WANT OUR SHARES".