I think the problem at the moment is that every time it goes up, a number of holders think that each time it has gone up in the past it has just as quickly gone back down, so they sell to lock in profits or just to be able to buy back in at a lower price and those sales in turn cause other nervous investors to sell. Next time it goes over $1.30 I may be tempted to do the same, all that is stopping me is the fear of it not going down but continuing to rise. The only thing which will break this cycle is some major news leading to a re-evaluation, such as positive news on the NASDAQ listing.
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