someone just bought 130k shares and spiked price to $8.16. I suspect their mouse got stuck down (condensation) and caused accelerated buying.
I think they saw that a most of the shorts had their stops in above 8 and took it there quickly to unload some of their shares -- which is why it didn't stay there.
whatever the reason, it seems like positive news when you have 130K shares purchased. whether short covering or true investors. i think we should see several more days like today.
gotta like the million $ investment, although in the big scheme of things that was only 0.38% of the shares outstanding. but still a million dollars is nothing to sneeze at unless your name is xxxxxxxxxxxx