Yup. It’s called float rotation. When you have this small a float. The price doesn’t really fall. As it rotates so fast. Every 300k it rotates. It’s like passing the baton higher and higher.
Nobody understood how it could of gone to $100 without having any value.
But small cap pumpers understood it.
Who knows, could happen here probably not to $100.
But Ticker *gevo got pumped from $3 to $25 after RS. They specifically target low floats after RS.
We are in a new territory now away from pennies.
I spent a while playing small caps. They can run like pennies but with bigger money.