It always makes me *smirk* when individuals have conniptions and mental spasms over short-term shifts in the within-day prices of stocks known to shift regularly in their within-day prices,...
Of course it is going back down for the short-term. There was no news there to sustain a longer-term gain.
People (or MMs) who are here to play short-term trading games (or to try to on this low volume) grabbed some back in the 40-50 cent range, and are now taking the opportunity to sell some at>50 cents.
If/when this stock finally starts to go up consistently - it will be because we have actual 'news' indicating that we are actually starting to go somewhere as a company.
And those who are here playing for that endgame are not playing flipping games much, are not going to be easy to part from most of their shares, and are not going to be easy to 'scare'.