That's, simply, not true.
We went from 0017 area to 004s, with a news item, not so long ago.
In fact, I remember a huge slap which took out the 4s.
We've drifted back down since, but that's neither here nor there.
Nothing goes straight up and BLDV is up, very nicely, from where it was a couple of months ago.
All depends on the news and what the OTC " faithful " are chasing in between.
April 11th BLDV was at 0002-0003. It's up 10x from that area and down much less, % wise, from the high it briefly touched. So, from were it was sitting for a long time to now, we have seen unbelievable SP appreciation. Can't use the, temporary, high based on the buying frenzy which came in as a real guide. That was euphoria and momo based.
Just because the last news didn't cause a huge run which held does NOT mean that it didn't serve a purpose and bring some people in to absorb what others were selling.
BLDV