Most sub pennies in the range from .0001 to .0009 get played by the MM's until they have made enough money,then with positive developments they slowly relinquish their hold as pressure builds,or "it will pop when it POPS."
How do you know the company is coming out with news? And if they do, if it isn't news that they have made big time $$$ or are merging or sales are great then it won't matter. This pr'ing of more mgmt team has zero effect.News hasn't made a difference the past few times out. I don't expect it to make a difference now, unless its about money being made.