I don't see the $1 as such a hurdle. Its definately NOT a sure thing, but the price shot back up to over $0.94 right after market close. Its there as I write this and it is tradeing like crazy.
My only guess is that some fund dumped the crud out of this from cold feet of what happens with the Russell Index. Or someone knows something and shorted this like nobodies business. Then maybe everyone else is just triggered buys.
Either way... it does not give me the warm and fuzzies!
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