If it is indeed being cellar boxed (it does appears so, imo) they would likely already be starting their covering by then if they let it go to .0004. Cellar boxing a stock is bottoming it out and keeping it there by any means.
When a cellar boxed stock goes, it can go hard and fast, as the shorters scramble to cover, and then it can go even higher, because they don't want to lose money--- so whatever they bought they drive up further to cover any losses. Everyone gets caught up in the momo not knowing where the ultimate top will actually be.
Often called MOASS (Mother Of All Short Selling) effect, it rarely happens-- but when it does...
IT IS AMAZING, and you must hold onto your panties, grab a cocktail, and take a bit of dramamine for the ride.
OH -- and don't forget to take profit and/or your initial investment out at your appropriate time, if/when that happens... it makes the rest of the ride all the more sweet.
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