"stocks like erhe can jump to a penny or more on nothing but rumors and social media driven traders piling on."
Please show me a stock which after suspension and with the threat of revocation didn't drop to zero.
Other than ERHC, I think DBMM might be the only other one.
When 99.9% of such stocks go to zero due to threat of revocation, you can start to see why some shorts would be willing to be the sacrificial eggplant on erhc.