RE:FCO hits Grades High As 1,072.73 g/t Ag EqFairly easy explanation: Junior mining companies haven't really received much love for the last couple of months, most companies in that area that i have in my watchlist are trading dead sideways. So you have missing volume requiered to make significant change.
On top of that, for basically 6 months now, you have someone putting up fake ask walls. You see that huge 200-300k ask sitting at 0.155 right now? That's basically there every day keeping the SP down. Most likely someone is swing trading with 200-250k shares. A 5% profit on that on a regular basis in profitable enough over a longer period of time.
On another note, a couple of weeks ago on a Friday evening someone was just randomly dumping 1 million!!! shares onto the market, which caused the stock to go down massively. That guy was filling every bid down to 9 cents, but the SP quickly recovered back to 0.14+, but that was one of those times where you could just witness the obvious manipulation at work. The following monday, the same bank that dumped all those shares on the Friday, bought back the exact amount of shares they just dumped previously.