Yes. On Sept 11, 2009, VRML had a Q on the end. It opened at .048 and the low was .03 and it closed at 1.29 for the day and went on to $34 within months.
It's the worst non trade I've ever done. My finger was on the trigger to buy at .50 but, with that Q on the end coupled with such a large green candle I was scared it was coming right back down. I was convinced it was a pump and dump. In reality, they had a test approved by the FDA that morning. It was moving so fast I had to make a decision before I even had time to read the news. The volume spike is what caught my eye.
I grabbed a section of the 5 year chart to show, but, the image is too large to load here. But, yes, a stock can go up 110% on news.
In Reply to 'ME2012'
Has anyone seen a stock rise a 110% on any news?
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