Pennies are always risky, but this one sure has a lot of upside to it.
This huge ask makes no sense to me. If someone was tipped off, they would have dumped or been more discrete about selling, and not just let that ask set there.
If someone wanted out because they want to get into something else, they would have sold it in smaller junks, and would have been more aggressive about it.
It looks like either an inexperienced investor which means all the reasons people invested in this stock are still there.
Or, somebody who knows exactly what they’re doing and is trying to scare people into selling. So again the same reasons exists to be in this stock.
Something's got to give sooner or later.