I agree, and at that flippers would need perfect timing.
The math says that flipping makes only beer money here. Let's say 5mm shares (I doubt they are doing this many -- EVER)
High 0.015 Low 0.01
Diff = 0.005 x 5,000,000 = $25k
We haven't been bouncing like this nor could someone pull off selling and buying like that at these levels. That post was completely off in what was said.
the example I gave you was based on 100k ,but you can do it with 10k and be very effective . Why wait on a CEO that works on his own time frame if he even knows what the time frame is...