Well I was wrong. The bid price did not close at a $1 or higher.
It was comical to watch the time and sales. Someone had stacked the ask at $1 which was feverishly being slapped in the last 3 minutes. 90% of the trades were buys.
And then the MOMENT it closed below $1 that completely flipped and the bid got crushed. It’s like whoever was trying to buy their way to it closing above $1 suddenly decided to dump their stock at any price.