Yeah I was thinking the same thing since there is a gap at .14.
Thy gap shall not be denied its rightful fill.
I mean, it really could bounce, but buying in the high .20s is very dangerous right now.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.