I've seen this many times by stock groups. Tuesday Wednesday it was bought by the organizer's of the group. When they had enough shares they let the other members know and then Thursday it exploded to $.94..... What usually happens 90% of the time to the share price is that it goes down to what it was before the stock group started buying..... which in this case was the .50s
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.