Most of the total volume of buy orders are off the board, and...

Most of the total volume of buy orders are off the board, and the ones there are sitting at 0.50c below trades.

I think that most of the faithful re-uped in the downtime and most of the wagon-riders jumped off and are too hurt to jump back on.

It'll be a few days or more until the price means anything. At the moment everyone is either clutching their shares or licking their wounds.