Here is my basic no-frills analysis of recent price action....

Here is my basic no-frills analysis of recent price action.

Although this looks like a reaccumulation phase, I think it's more distribution given what we know about the debt holders. In any other stock, this would have me worried but we all know the story behind their reasoning for offloading. 2.6c seems to be the current fair market value, a down move from here on increased volume would spell disaster but I think the likelihood of a move up is more likely given the depth and nature of this pullback.

Note the distinct change in character and decreasing daily range within the grey box, also note how many closes are on 2.6c as the market comes to an agreement with the current price. 2.5c is a very safe accumulation level for the big boys and I think that's just what they're doing.

This is perfect