IMO, This is a MASSIVE MM Short Cover IMO. The chart shows it came out of nowhere. Nothing for 3 years+ and then whammmmo, all time highs and volume. Level 2 showed MM short covering, NOTICE on the daily chart it had no real dips at all! NO DILUTION! NO FRONT LOADING AT ALL!
Lets start with what I consider the most important chart, the one day chart, 02/19/2019, today, why because before today there was no volume or movement even worth noting.
a) it closed the gap by opening at .0027. b) look how rapidly it found new support at .0075 first. c) Then it found support at .01 d) it broke to an all new 3-4 year high of .0158 e) It spent most of the day in the .01~.0148 range.
yep, we will find out, its runs like a low floater. Up ~700% on a measly 23.4 million volume. Absolutely no signs of dilution. I watched it closely, looked like pure MM Short Covering IMO, 30 yrs of penny stock experience behind those comments ;-)
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