MM could have gotten stuck with too many shares and moved the price up to distribute, who knows, but the move was impressive. Short covering perhaps? But I hear it is hard, impossible to short penny stocks? Or a Mutual fund stuck with old shares from a while back (when price was higher) bumped the price up when it hit the buy target to stop tripping the sell stop loss order triggers. I had fib fan targets of .78 and .74 as the next support targets, but it never got there.
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