RE:With significant newsWith significant unexpected news any stock can take off.
Its what happens when there's no news that becomes significant.
BITK has fallen a third from its 1 month high without news but with significant volume. That's never good.
If it had fallen on volume of 10 or 20 thousand we can say that there were many trades of 2 or 3 shares.
But on volume of 730K over 2 days, for BITK to lose a third of their market cap is significant IMO.