RE: Typical PUMP & DUMP!If this were a "typical pump and dump", it would have run up to 0.08 immediately after the news release and closed at 0.05 today.
Yesterday's run to 0.08 didn't occur until a few hours after the post-news hype had subsided... in other words, rational, controlled buying as opposed to impulse buying.
Today, there wasn't much of a dump... yes some shares traded at 0.065 but at the end of the day it's only once cent down from yesterday and still retains 75% of yesterday's gains.
There may or may not be further downside in the short term, but the medium to long term looks pretty good to me. This stock was dead a few days ago, but is officially "in play" again.