Replies to post #31902 on Expo Holdings Inc. (EXPH)

[Calfire]

Wouldn't you expect flipping to taper off as pps goes up?

Seems like the career stock flippers would prefer to operate down around the penny and sub penny range where 25% to 50% swings in one day are not uncommon. They will have to hold the stock much longer to make the same profits as the pps ticks up.

But the last few days isn't all flipping IMO...some flipping, some selling, some profit taking, some pps correction...