Not sure what there is to be mystified about. Over the last year this has had a number of shortlived rallies that have reached similar highs but have then fizzled after a few days, in part due to dilution. Surely what we are seeing now is just another one of those. Retesting 0.001 is pretty unlikely, I would say.
So, I don't say this often, but I do believe, 100%, we caught a short in this stock because I added another 5mm shares at 0006 and they never printed the buy on T&S. Yeah weird stuff going on.