I have no idea, but that is the rumor.
I believe it is a combination of speculators, shorts covering, traders, etc.
Also, I recently saw a "pumper" or promoter stating that WAMUQ will hit $1.00. If the promoter is successful, we may just hit $1.00.
Another, is if you are in to technical, we may just test .20 / .21 again. We will see it we break it this time.
Thanks.