what gives?

Many are talking this puppy down, however I still contend that more is at play behind the scenes.

Interesting that 3 attempts were made today to shake sellers out at 2.8c through pitifully small sell orders at this line. Nothing happened.

My guess is that these sell orders were trying to shake out sellers with stops etc, all to no avail. Someone appears to be making an attempt to accumulate at very low levels.