The flippers did not go anywhere, actually they increased in numbers more than ever and accumulating more cheap shares-let us be real here. Just check who is posting now (channel trader, tony, MVP, peorge, infoseeker, and so many others well known flippers)-all who have waiting for this collapse in PPS.

To wipe out the flippers, the stock needs to move up slowly and boringly enough to drive them away, not in spikes up and down within a channel-this is flippers paradise till now.