@redsn0w. I cannot think of any good news coming out from the Augur development team as of now unless they already have a fully working platform free of any flaws. But since it is built on Ethereum there will surely be a lot of flaws in their platform.
This price rise might be just a simple pump and dump.
I truly believe the rise is not just part of a pump right now....we are getting close to the release of a project that is being developed for two years now, even Ether won't crash this party