From what I've seen with quite a number of stocks, there is a lot of apprehension and waiting before people start to invest in new stocks (perhaps jitters concerning the fiscal cliff).  The last little while may also be due to tax loss season (keeping the sp low), so I'm sure some are just waiting for the sp to bottom out before they jump in for the cheap stocks.  I agree, though, this is a stock definitely worth something and will climb once the uncertainty is resolved and the markets start acting more normal.