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i think that is very rare case.
if the stock price is $1, in a day, i think they just can increase to $1.04-$1.20.
if they go to $4.00, that company will be audited for sure.
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yes you are right in the sense that the price does'nt shoot up so much but you are underestimating the value of these cent movemnets...if you can catch a few of thoese everyday you can make big money...that's what all day traders do, if ehat you said was 100% true noboy would look to trade in the short term...