In these markets this is pretty much how it’s done now. The change is in the traders over the last several years and the change is the growth of impatience. Nobody waits, they want it all and they want it now. I’ve been following this for a few months now and am amazed at how often somebody signs on with great enthusiasm and a month or so later leave because the stock isn’t moving. However, there is something to be said for flipping...you bought this for 6 or 7 last week and sold for 11 this week, you got paid rather well. I’m holding a good bit of this long because I believe it will break over the flippers... but each flip takes my average down.
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