breakout, it's also worth noting that market makers profit on both sides of the trade. imo that little trip we took to 2.35 on very little volume was merely a convenient place to go short. then it was just a matter of taking the stock back down to load up some huge orders.
at this point tho i'd say the MMs stand to make a lot more money on the long side. our interests are in alignment with theirs now, and any time i see large blocks on the tape, or popping up in after hours, it has always meant a big run is imminent.