Regen BioPharma Inc (RGBP)

[foxi]

Somebody played this just before lunch with some big buys and started the price moving. The MM rides the momentum and sells for modest gains, then backs off while retail mounts another rally. Then they sell the rest at the next peak and retail panic sells when there are no buyers.

This is under VWAP (the pink moving average) but above .021 which is the 90 day high volume price. So it's technically in bull territory and the market could pile on at tomorrow's open, reject the dump and really send this flying. But without a known catalyst it looks to be a quick pump play.

News always trumps charts. You may be right that there's something catalyzing in the pipeline. RGBP retested its April high on rumors of news.