Typically, when a suspended stock reopens for trading, the first trade is a real lowball. It may occur immediately upon the open, or an hour or more--in some cases, even a few days--later. Sometimes potential sellers hesitate to be the first to dip their toes in the water.
Since there will be no bid or ask, sellers must guess a price that will be found acceptable. MMs can facilitate trades, but are not allowed to make a market. Trades must be matched. Usually it isn't hard to get filled at first, because when a suspension hits, MMs are inevitably stuck with some short inventory. They want to cover, and so will be buyers. But not for very long.
It's best to stand clear of the early trades. Subsequently, the stock usually ticks up. It may rise a little more in the next day or two, but waiting too long may not be wise, as liquidity could dry up quickly. Generally speaking, volume is high for a few days, sometimes longer, depending on the number of people holding the stock, and its popularity.
Eventually--this could take months--the stock price will plateau. In the case of BIZM, it may do so at a higher price than occurs with most, simply because it was more expensive to begin with than the average pumped penny. But it will be under a dollar; ultimately well under a dollar. And I'm offering the most favorable scenario here.
Given the Rule 144 violations, it will not be returning to trade on the Pinks or the OTCQX. Ever.
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