Trust me it will easily go above and beyond that the problem when penny flipping is that they would have to make enough profit to cover the commission and to cover any gain if at all and every time you buy and sell you have to consistently work out of a hole a massive hole . You must assume that your continued sell off lowers the price and that your buyback effectively increases and with penny stocks that is not the case the volatility and the predictions is thrown out of the roof it doesn’t react like that at this level
Flipping Stocks sounds easy enough, but is more difficult than it appears. Can really pay off if you play it right and mind your brokerage fees though. I've been caught without shares when news broke or stock ran up and that can wipe out your flips quickly. You have ti Flip very carefully