Not to say that it will happen but anything is possible.
Back in 2009-2010 are, when I first started trading, I saw a penny stock go from .01 to .23 from opening at 0930 to noon. I think it ended of settling at the end of the day around .18.
Of course, i was on the sidelines debating when to get in. Talking about chasing, I never did manage to get in. By the time I tried to get in, it was already up to .07 and I thought that it would go down but unfortunately for me, it never did.
The company was similar to MINE in that they had a high share structure. The company kept putting out great pr's but the pps didn't move north for many months. Then, they announce a deal that would generate 20 million dollars for the company...The rest is history.
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