Some been in since mid .005's. So, it's wise to take profits from this level. Those who bought on the high, probably panicked sold. But this has the potential to go much higher in the short term. The 52week high is .29 plenty of room to grow. Happy trading my friend!
On top of today's trading, MM's had to try to cover there short positions. I usually don't look at one day of trading action. Like some traders do. Look at the overall picture to decide the next direction of the stock.
Most smart traders are bid sitting, hoping to get cheaper shares to buy back in or average down. Time will tell. In the otc, the market always rewards patience.