I dont know why its going up but i like it. i enjoy the fact that my Shares in SVFC are gaining value. I think the reason why its going up is because it was over sold and now its being another run higher. It could also be a fundamental reason like people think that the Lawsuit will be ruled in SVFC's favor. There could be more upside on Monday and Tuesday from here.
The court case with Ironridge/TCA is probably concluding today - I suspect the market makers are expecting some news from that. If you are a trader here, don't forget the old adage "Buy on rumor, sell on news."
I think this is as low as it'll get with a market cap value of $1.6 mill ( Most houses now cost more) . They have good news anticipated on the way and potential to get 10 times your investment in a short period. Think of it as buying a very cheap option with no expiration.