...your observations are right on...you have to remember that the market cap for this company is 19 mil...that means that this could be manipulated either direction with relatively little money...this recent action could very well be a pre-cursor for the future...or it could be more consolidation...
...the casino businesses are vulnerable right now due to the recession... Shares Outstanding = 115.0 Mil Float = 56.3 Mil (watch the float in the next few weeks)
...the next few days weeks will tell us more...If the float doesnt increase,then that huge volume spike day is very relevant & possibly a major bull clue...
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