Something is going on. Small buybacks at this price are smart for MOBI. They were approved to buyback shares up to $10M until August 2013. My thoughts are that at this price, it will be used sooner rather than later.
This happens once a month it seems were some people run it up on low volumn and then it comes down a day or two later...I'd love to have to make a run and get some shorts to cover but these pops never seem to hold.
PPS holding up much better than normal over a week now...Interesting...No news I can find but will enjoy it while it lasts and maybe we move up towards $3 down the road...A little short covering never hurts and maybe that starts to kick in even though I don't know that there were that many shorts left to begin with.