RE:Volume & Price Increasefatcharlie wrote: As a long term holder I find it strange that all of a sudden we have a big jump in price and volume on absolutely no news. Somebody knows something and out of the blue we have over a million shares traded on really no news-very suspecious.
First of all, a 30-40% move is hardly earth shattering for microcaps. We'd not talking about a blue chip, still a penny stock that is volatile.
Secondly, if you follow them closely you'll also see that they are continually appearing on media (TV, Radio, Newspaper), are doing tons of online promo and social media stuff, and they attend and often are guest speakers at most notable industry conferences. And then, there's sales which is hard to know what is happening, but they are build on their distribution.
In short they have MANY MANY touch points, and finally this is sparking a market reaction. Too early obviously to tell if this will have legs, but after months of consolidation at 17-18 cents, looks like we are breaking out (rightfully).