Umm it makes perfect sense buying at $0.005 and selling at...

Umm it makes perfect sense buying at $0.005 and selling at $0.006, easy 20% gain. Was foreseeable IMO.
Now, I think there's a decent chance any one of those that took a chunk of the placement just require their cash, for whatever reason, and $0.005 gets dumped into and they break even. Then, there's potentially those who panic and sell into $0.004, will be surprised to see it go any lower than $0.005 or $0.004 though..