Not true. Flippers are making all the money and they are losing all the money right now. When you see this type of variation with such high volume, it is all flippers with the action. Channel trading is a flipper's dream, especially when the channel is .0060-.0100.

I flipped this thing 5X so far, and I made money 4X and lost money 1X. All 5X, I could have done much better, which just goes to show you how dangerous it is to flip it. If you are a daily flipper with experience, this is the way to go. If you do not have the experience, flipping this is not a good idea. You should buy low and hold for a while. Finally, don't short this. You could easily lose all your money real fast. Last week the .0100 broke and it hit .0200 and this week, .0100 held firm as strong resistance.

I'm actually a bit nervous now. I took a chance and bought some at .0070 an hour ago, and it's not looking good. It will probably bounce middle next week so you people might want to hold your positions a few days instead of dumping too soon.