The Flipper market cares not about the long term health of what they buy into. They are looking for a fast turnaround.
But they still depend upon attracting some suckers that will buy into a false long-term story. Such is necessary to sustain a P &D long enough for the PERPS to dump most of their holdings.
I cannot see that GEMINI and other bag-holders can generate the necessary story that would sustain the play long enough to dump it all.