LICN stock has recently shown volatility, trading at $0.2851 after a 35.7% pre-market gain. Bulls may view the stock as undervalued due to its $2.8M direct offering at $0.14 per share, which strengthens liquidity and supports growth initiatives. With a "Buy" consensus rating and a market cap of $16.03M, LICN could attract speculative interest, but its low price and high risk require cautious optimism.