That happens on good news. This company has nothing but bad news coming (from Apple, Samsung and others). This is not TESLA, open your eyes and see the facts. Day trading either way (short long) is fine, but definitely it is not a stock you can hold overnight and wake up tomorrow and potentially see the crash.
The price is being pinned around 25+ area. As I posted earlier, it is called GreenShoe option to ensure secondary stock buyers from insiders at 25$ stay happy for a while before the big crash. Read in my post below. It will soon exhaust and free fall