Yea...but at these price levels, 1 tick can equal 25% or more. All anyone needs to do is have 4 successful trades in a row at a 20% profit and you will double your money.
That's why you see such heavy volume in this stock. People are flipping it like crazy, over and over, making a fortune as it trades sideways between .0003 and .0005.
According to calculations on my little trading spreadsheet, a $1000 initial stake, flipped 20 times (a realistic month in this stock), at only a 20% gain per trade, would hypothetically have you sitting on $38,337.60 right now (less commissions).
This is one of the reasons you aren't seeing this stock rise in price. It's being dominated by the price flippers right now, taking a 20%-30% profit each time it looks like it might break up.
