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cero9

06/07/13 6:34 PM

#49228 RE: stockspirit #49227

Most people will take profit at 100% regardless of where it is going. This went .0079 to .0199, 150%, so some of this is definitely flipping/profit taking. I think some of it is also those who have been stuck averaged down enough to get out even, and they are now gone or exiting. ETRF flashed 1.5 million on the ask at .0139 last friday, so perhaps those shares are still lurking as well... When it drops as low as it did, there's no choice but to churn through flippers on the way up. It's holding up well but needs good news to keep going.
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dancingblonde

06/07/13 7:01 PM

#49231 RE: stockspirit #49227

Makes absolutely no sense, stockspirit, to those of us who are here to make real $$$. Flipping for what is essentially going to seem like pennies, well...

EEDG$$$