65, your explanation of shares swapping is correct imo..but.. i dont see the last 2 days being a lot of small retail...someone put some sizeable cash up to cause this run up...

my best guess is $4-$6mil minimum buy in by one entity....i'm sure a good percentage of the volume was retail after the initial jump but the majority of this action is coming from one place imo.

the question is why? leak of good news? jumping the PPS to create market action? not sure how this would affect warrants/options? last attempt to soak retail? who knows?

i'm leaning toward a "good news leak", like a settlement of some kind....but who knows. we've seen runups like this before lead to disappointment.

i'm still trying to keep my "line in the sand" at $2......