I have to say I am perplexed by the trading as well.
With the thin trading volume you get this type of bush league results.

This is very scary scenario,since there are only 2 real options for this stock .

Either it goes to the MOON (12+) with 300-400K volume (then it sells off the next day) and it takes a slow climb from 10 to 17 in 2010

or dies goes to back 6 or 7 with heavy volume 700K plus.

Very scary scenario for most small investors

I think it is trading that way because everyone is so scared and institutions do control the majority of the shares.

I personaly own 10K shares and I am betting that is goes to 11 after earnings and takes a slow climb to 15-18 over the next year.

However, I am prepared to wait in case that scenario does not happen because this is a rebound story stock. It was trading a 30 prior to the fredie and fannie mae scenario.

Good Luck
JB