With enough shorts, a low float and the right news some crazy chit is possible.
I was watching AQXP last summer when it popped from the 1.80s to about $3.00 one morning after some news. I thought I missed my chance to get in so remained on the sidelines and watched (in horror, lol) as jumped up to a high of $55 within 2 days. That was crazy.
Just saying some unbelievable moves can happen under the right conditions.