happy.. Flippers love copi when it bounces ,,,
especially when the $-volume increases to ~$10k per day.
And, 10-Q reporters , like copi , that always seem to be
on the verge of BK , always get volatile , with much bigger
$'s trading , right before + after any 10-Q or 10-K.
But, copi is even extra profitable for short-term shorters ,
especially right after any 10-Q , for so many reasons ,
[ as have been previously explained ] , considering the
~unchangeable Moore's Law trend , and the 80++% 'ownership'
by Insiders , and the 10+ years of cash-burning , starting
way before copi finally had to 'go public' last year to try
to sell common shares , to replace copi's ever-burning cash.
extra , Sincerely .
P.S. ; We have noticed that many of the big copi fans have
admitted to having flipping accounts , in addition to
[maybe] long-term buy + hold + averaging-down accounts.
Even for longs , in a permanent down-trender like copi ,
it makes sense to long-flip the frequent 2x bounces. That
way , it is possible to profit as a long flipper , even
in a fully-reporting , but always-money-losing penny ,
just like copi , that still sinks ~90% per year , just like
most other non-reporting pinkys.
Averaging-down is profitable, for shorters, only.
