I missed a big one this morning. At 4am eastern Cresval Capital Corp, a Canadian company, issued a PR about combining with a subsidiary of RIOT.
RIOT was up a buck and change, and I passed on it. After RIOT put out their own PR, I guess it went nuts. It closed up 7 bucks on the day!
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.