Connect the dotsA credit crunch hits the small cap market hard.
A large holder needs to sell an illiquid holding.
Fantastic news comes out and after an initial pop, a constant wave of selling beats the price back down. The selling seems senseless because it appears that the seller could be receiving a much higher price if he wasn't so aggressively dumping.
Short term traders move on and volume dries up.
A big cross is done below market.
The price recovers immediately and then starts to move up.
I predict the price goes to a 52 week high within 2 weeks. Current 52 week high is 2.65 so it would need a 28% move for me to be correct.