BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

I think it was related to the fact that most people's shares were locked up due to the name change. I wonder if it was just getting run up by insider selling/market makers (and maybe to retail people who saw the stock going up over the past couple of weeks). Now that everyone's shares are starting to clear (mine cleared today), the market is heading back down, more in line to where it started before the name change/CUSIP change.

Not 100% sure about all that, of course, but that was my feeling this whole time that it ran up. I didn't expect the price to stay there that long once shares cleared in people's brokerage accounts. There was no real good reason for it to have gone up with the fact that the EPC report was delayed again and no bonds would be sold this year.