Most Funds are not allowed to buy in to a stock under $5.00. While a lot of what we're seeing is buying by short term traders, I believe we're also seeing Institutions buying stock in a well-run company with great long-term growth potential, now that they have the opportunity to do so.
give me a break. This company has 2.3M share float with $42M in revenue; institutions don't fall all over themselves with a company so small. Meanwhile, 50% of the float traded today alone. While I'm enjoying the ride it makes no sense to me. No news, no new product. something is wrong.