It is the difference between spec stock and gold stock. KRY is a spec. With a permit it is a gold stock and there will be different investors buying and selling for different reasons. That's why I think we will see a sike on permit, followed by a drop as spec players leave and then a steady rise as gold stock investors get in.... all with the help of our frindly MM. Most mutual funds won't touch a stock under $2.00
Meanwhile the above will be aided by retail investors jumping in late, right as it retraces, getting discouraged and selling, just as the PPS heads back up again.