Replies to post #91294 on Crednology Holding Corp (fka COHO)

[morg38off]

Agree...best explanation yet...imo. This is being played big time by day traders...a few working together... can buy a bunch....cheap... and play their one tick games and it's been going on for well over a month now. Has to be something like that as most regular shareholders like us, don't play games like that....we, buy the ask and let er run. thoughts? glta

[pxxpy7]

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.