I think they liked the low low low prices.
They might be playing a value/short term trade, If they bought around .50 every 10 cent move is a 20% gain.
Also they can trade in fractions of a cent and shaft the little guy. Let's say you bought 10000 @ .50 and you put in a limit sell order for 10000 @.55 to make $500, nice? No! they will see your big sell order and bid .5499 to steal any availiable shares out from under you, same @ .5399, .5299 etc. Not just IMO I watch it happen.
BUT!
Hopefully somethin's up!
While you are looking at the chart BOT- has the percentage held by all funds now gone up, down or stayed flat compared to last report, with these increased positions?
Thanks in Adv. Bob