RE:Gave up almost all its gainsI may be wrong but I don’t agree with you folks on this one.
There was no news release, rumors, etc., to entice potential investors.
The trading volume was high for only 2 days, with share price declining on the 2nd day. Momentum investors would need to see increased volume and price over multiple sessions to be enticed to get in. Then there would be enough buyers to allow for a “dump”.
With the share price hanging around the 7-8 cent mark, why would so many buyers be willing to buy in so quickly at 12-13 cents with no news, etc. Just don’t make sense to me.
I could be wrong but to me simply looks like a big buy in. Guess we will find out soon.
GLTA