They are pretty much running anything and everything. High short interest, low floaters, garbage, etc. I see dozens of lower priced penny stocks up 1000% and more. Most of the time, when they start moving all the junk, it signals we are close to the end of the bull market run.
Something like PPJE which has been garbage for years is up close to 5,000%. VPER is coming close to being up 10,000%. There are probably hundreds of examples like this. Traders are looking for anything that hasn't moved yet. Lifeloc would actually be better off if it were considered penny stock garbage. I could almost guarantee that we would see a move.
Based on the moves other low priced stocks are making, I agree that $40 is not out of the question, but it needs to get attention from somewhere.
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