Looks that way - couldn't decide this time if the rise was just someone selling to themselves, or the usual Mr "I've got a shedload at 1c" trying to get people to up their bids before dumping more of their stock for a good profit.
I have to say that MNM has not traditionally been a very "leaky" stock...they do tend to play a fairly straight bat. Hence, a big spike in MNM SP without any announcement is very likely to be just more manipulation, and therefore best avoided.
MNM Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held