this happened to another of my stocks this week.............hit 52 week high and then traded 10,000,000 shares [sells] in last three minutes to knock stock back under high on close. That's the way SHORTS defend their positions.............especially NAKED SHORTS when they are getting panicked. SHORTS can't let 52 week highs, or stocks rising to $5, in both cases major institutions jump in with large BUY orders. If the UPTICK rule were reinstated and/or if the SEC enforced NAKED SHORTING , this manipulative act couldn't occur......... So guess who the SEC favors..............those who may be future employers!!!!!!!!!!!
I can imagine it would play out like the last two days.. hit towards end of day but with a much better baseline. That would almost seem too expected though. Be prepared to watch it .. it should hit over $5.05 at one point today.