"I phone my broker and say get me a million shares of noront at .48 can you do it, sure but it may take a little time"

Any offers to sell at 48 would be taken by your broker and within a short time all offers at 48 would disappear and only an occasional desperate seller would offer at such price.

Net effect is sp hovers around 49, and not much luck for you at 48.

Using your anology, on June 22 before market opened there must have been a buy bottom placed at 47 cents.
Oddly 3 hours later TofR was announced as given, so there was prior knowlege by many. 10 days earlier price was in the high 30s, so there was no reason for the sp rise in between UNLESS! more of same.

OSC where are you? What channel are you guys watching, perhaps I could do same.