Flippers.---- .001/.0011 is a double for many. If a enough new buyers come in for the .001's can set up a base for the next move higher with a higher base. If PIHN wets the tongues with potential acquisition news/ buybacks or some new business developments the momentum continues beyond earnings. I have seen stocks leave the trips and end up in the pennies in a few days if the right traders get involved with some investment groups holding longer term.
I dont think it will take that much First I dont think there are more than 800 mil "tradable" shares out there Less what is held by retail investors The float appears large but there are many shares included in that float that in all likelyhood came off restriction but are being held very tightly by insiders.