Why is it happening? It has never stopped. This story is as old as man himself. Something for nothing. Invest $1 and in five years it may be worth $100. Invest $1,000 and in five years it may be worth $100,000. Invest $100,000 and . . . . . It is very addictive and if you are invested it's almost impossible to persuade you it might not work out as you dreamed. You will tell your friends about it and try to persuade them that you are a genius and they should follow your lead. You will attack everyone who doubts the validity of the investment. When a new investor pumps a little money into a lightly traded stock the prices will jump for a day and you get excited and have the uncontrollable urge to invest more. When the price slumps you double down and pump away. I've done it twice and so will you. Ha!
Welcome to the club. It's a club where no one thinks they will get rich now. Their hope is they may recover their investment. That's why I'm still here. Waiting and watching. It's called specuwatiing. This is a very high risk stock without much of an upside. IMO (and I'm being very optimistic)