RE: RE: RE: LEVEL II it's gonna depend what the news is... let's say they do a financing at 0,07$... should be over 0,07$ in a blink of an eye...
I once was in a company that traded at around 0,60$... and they halted the stock... and a PP was done at 1$!
You need to have people backing up your stock to do so... because it might be hard to finance at let say 0,07$ when we are halt at 0,03$... but if you see this happening... it's also easy to buy more shares under the PP price... it should go there...
anyway, time will tell... it's maybe something completely different... but I think it's good news... the volume and price increase for a penny stock (this is a real penny stock, it was 0,02$ last week!) tells you something was cooking...