and this 4-5 trading channel has been really easy to flip for the past week or so. You could pretty much buy 4's and sell 5's on any given day for the past 5-6 trading days.
As much as i have a solid base built for myself and am holding for a hefty long play, I feel that i should have been flipping a few million shares this past week for some extra play money to add to my long position.
This is Exactly whats going on months now! MMs & Flipping is what is keeping stock stuck in a 4-8 trading channel. When they can buy at 0004 and sell at 0007 or 0008 the profits are evn greater! Than they bring stock back down selling and repeat over & over!
Now if we want this to change there must be HUGE BUY VOLUME FOR DAYS to breakout og trading channel to 0010 and beyond. At that higher level the percentage channel will not be great enough to induce flipping as it is now!
Therefore if you want it to stop you need to accumulate more than 5 Million shares and hold long.
Good news is that there there will soon be a flood of new blood buying this stock, we got news coming in next 24 hrs and even better news following later that is going to cause this stock to run! MARK MY WORDS!
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