Tauriga Sciences Inc (fka TAUG)

[Johnny_C]

Usually a stock like this gets oversold when volume dries up, so it doesn't take much to get it to move up, just like it took very little buying volume to recently have it double off the lows.

So, generally, when a stock goes down, there are more sellers than buyers. Conversely, a stock goes up there are more buyers than sellers. That is assuming there are no shenanigans, of course.

Neophyte investors or just wanting to learn, there are several good books on Amazon. But be warned, these micro caps carry alot of risk. I bought several million shares in the .15 range during that spike.

But specifically, I think the news of retiring a convertible note and then an announcement regarding pharma played a part. Just like stocks become oversold and go to low lows, they also get overbought and sometimes become overvalued.

https://tauriga.com/press-releases/page/15/