I'm always suspicious when...There's a single order on the board for a huge amount; such as, the 1.2 million share bid at 11¢. It could be that the stock is being manipulated by insiders. This doesn't mean that there won't be a run up but I would be very cautious with this one. If the news is truly good, and word has leaked out, the bids would be mounting a lot more than they are, IMO. Sometimes huge bids are put on the board to hype the NR and give the impression that it's a lot better than it really is. I'm not saying that this is the case here, but it's a possibility. The 1.2 mil share bid could very well be pulled if the stock begins to pull back a bit. If that happens then it was likely someone was trying to bid it up so they can sell out at a higher price. It was already taken off the board once and then put back on. Time will tell.
All the Best
Marty P