I think it's got legs. Today is day 2. These runs usually peak on day 3 or later. I've seen many of these kinds of runs before, which happen after a simmer for several weeks after a big fall. The run is typically proportionate to the fall. This is without news (such as EPA restoring funding or buyout from another company), the possibility of which adds fuel to the speculative fire . This is a great trader.
jh . please reread the 8k."future potential and recognizable profit fundamentals".imo meager sales,cut off by the doe,product issues.misleading slick ceo.bankruptcy mentioned in the 8k.come on man. You would be right if a buyout is real close at say 40c or less.If no buyout and our co stays alive you imo will see major major major dilution.
ALVR more than doubled again today, even though it has little fundamental value. ECOtality, on the other hand, has the real potential for a comeback, although we all know the risk of bankruptcy. This is a high risk, high return play.