Its moving because of the fundamentals, not because of some "i hub mods". The spread is usually pretty high on extreme low floaters....
This is a company that is owned by the 2nd largest steel company in the world, they have never missed a single SEC filing date, never been late once, never even filed for a NT extension once. Nasdaq has already approved and vetted them to be listed on their exchange, the company did over 600 million in revenue last yet, netted 12 million in profits and just brought a 5 year lease with a nearby processing facility that has increased their production ablities by 67%. Oh yea their earnings are coming out today or monday and should be much higher than the 2nd quarters.... And book value is currently $4.92 a share....
That is why it's moving not because of "ihub mods"....
