There are very few stocks that smash through $1 having come from 20 cents, only to keep going up and up through $2 and $3.
Most will consolidate around the $1 mark so people can get used to the idea that it is a stock worth over $1, not a stock worth 20 or 40 cents.
It's a sentiment/confidence thing.
Have a look at BTR - similar to what I have just described.
There are plenty of buyers that will be falling all over themselves to buy MAD if it gets back to the magic level. But I suspect we won't have to worry about that for too long.
FDM Price at posting:
$1.14 Sentiment: Hold Disclosure: Held
