Flippers aren't "always" bad for the PPS. We have
Post# of 40989
(Total Views: 207)
Posted On: 03/12/2019 1:09:35 PM
Flippers aren't "always" bad for the PPS. We have seen runs fueled by flippers. e.g. they buy at 13/14 and sell at 16/17 and they're happy with 2-3 ticks. Then, they bash it down and may buy at 14/15 with hopes/plans to sell at 17/18 for another 2-3 ticks. Rinse & repeat.
If this trend continues we get higher lows and the flippers then need higher highs to make their "tick target" ( usually only 2-3 depending on # shares & PPS). Last week was odd as they were driving lower lows & highs for the same 2-3 tick profit. BUT, THE SELLERS LET THEM BACK IN AT LOWER LOWS. They fuel the lower lows by "sacrificing" some shares at a PPS lower than they could get. This causes some panic selling that additionally fuels the change in PPS.
A paradigm shift is long overdue. When (yep, when & not if, but, who the @#$% knows when WHEN really is) we get the huge news we have been expecting and we get continued (good) news on many things the PPS will run and those same flippers will buy what they can and be singing the praises of Steve as they were in 2017!!
As someone always says - "THINK ABOUT IT". We have more revenue than most OTCs and future fins are expected to continue the trend of strong growth. Other "THINGS" include: PL deals; Ad Campaigns; Deals with other large dealership groups; Deals with other "transport" companies who need to track expensive equipment; HEXA; Retirement of shares; Colorado; MJ; giftcardexchange; Dental; etc.
Let's see how this week and the rest of March & April play out. Go HEXA
If this trend continues we get higher lows and the flippers then need higher highs to make their "tick target" ( usually only 2-3 depending on # shares & PPS). Last week was odd as they were driving lower lows & highs for the same 2-3 tick profit. BUT, THE SELLERS LET THEM BACK IN AT LOWER LOWS. They fuel the lower lows by "sacrificing" some shares at a PPS lower than they could get. This causes some panic selling that additionally fuels the change in PPS.
A paradigm shift is long overdue. When (yep, when & not if, but, who the @#$% knows when WHEN really is) we get the huge news we have been expecting and we get continued (good) news on many things the PPS will run and those same flippers will buy what they can and be singing the praises of Steve as they were in 2017!!
As someone always says - "THINK ABOUT IT". We have more revenue than most OTCs and future fins are expected to continue the trend of strong growth. Other "THINGS" include: PL deals; Ad Campaigns; Deals with other large dealership groups; Deals with other "transport" companies who need to track expensive equipment; HEXA; Retirement of shares; Colorado; MJ; giftcardexchange; Dental; etc.
Let's see how this week and the rest of March & April play out. Go HEXA
(2)
(0)On4 Communications (ONCI) Stock Research Links
Scroll down for more posts ▼