It is 10 am Eastern, and within 30 mins of trading the volumes are already higher than that of yesterday. The total volume for the first 30 mins is 1.42 million as of the time I am writing this. We had very high volumes yesterday as well. I have a feeling we may have another big run up today, and it is possible we may hit the 0.50 mark. One thing to note is that the big run up took place in the afternoon, after lunch hour on both days. I hope for a similar run up today as well.
The high volumes is everyone selling off what they purchased cheap yesterday. At this point, it is losing $.01 for every $0.001 it attempts to go up. Went to almost 44 cents in the first few seconds and has plummeted to 33 cents is no time.....the momentum is all but gone