re: buying opp I think you might be right, the buyers are actually trying to average their down their costbase.
I heard noise from a very good souce a few months back about a possible takeover, price went from 20 to 30 cents. Rumor has it, the deal fell over, stock has not stopped dropping since.
Good luck, I got out at 14 cents, just have an interest in seeig where this stock goes.