It will be interesting to see what today and the rest of the week brings? Hopefully more buying volume, and maybe even some news.
Near the end of yesterdays trading, there were only 2 asks below $2.00! Of course it probably won't go to $2, but that shows how thin it is and how a little buying volume can drive it up quickly. One ask was at $0.0007 and one was at $0.0044. Once she starts moving, I am sure we will see some more pop in there.
Yesterday, the buying volume was the highest ever (or at least in the last 5 years), and that record buying volume is the key to future moves. I was still amazed by that bid that started around $0.001 and moved up to $0.0013 eventually. It was for 27 million shares which represented a value of $35,000 at 0013. Eventually it was pulled later on. Maybe they are waiting for things to settle down so they don't drive the price to high too quickly? But why was someone trying to buy 27 million shares or 1/4 of the total float??? very interesting
