If they don't have money, dilution is imminent. When the price goes up, is the best time to dilute into the buying. Happens all the time. Small cap stocks never just keep rising, without a pullback. Obviously, some news is coming out. That's where the saying comes from, "Buy on rumor, sell on news"!
Experience prevails! You may want to research the history of this stock. They're big on dilution! There's 400 million authorized shares. One would think they be using some of them, you think?
It may not retreat to single digits (darn) but, low teens will appear, IMHO.