The initial spike is likely day traders on discord. The sp doesn’t just spike up 85% in an instant on DD and careful investing. Serious investors take a few days to analyze a stock before committing to buy a long position.
Yup, its downside vs upside potential. I waited too long to buy anyway so it doesn't hurt to buy in the .012 range. Downside maybe .8-.7 cents but upside 7-15 cents. JMHO!