RE:RE:Episodic Spikes in Share VolumeInstitutions will look for blocks in this name so brokers are going around hunting for shares.. as they find them they cross them and attempt to impact the market price least as possible. Someone is accumulating but only doing it on discovery.
Stock has to go higher but you'd assume most of the sellers with significant size have now been taken out <$4. I wouldnt doubt you need to take out roughly 50k shares to clear $4 and another 150-250k shares up to $4.50.
A $1M notional investment is all it takes to move this to $4.50 and its not like this is widely held.
I like the fact we didnt have to touch $3 again to stoke buying.