this to go down on Friday is that they received a ton of new financing by means of convertibles. This would have closed over $2 easily if they did not announce that.
But, they are getting a ton of money and their business plan is very solid and doable. I sold most of my shares when the convertible financing was announced for a small profit.
Not sure how this will play out.
The good news is that Clay and his **Video Chart** group shorted this on Tuesday and Wednesday when it was .80 and .90. Thursday morning, the first good news came out and it rushed to $1.20. Friday, it hit $2.25. They are hurting puppies right now.