Flippers Being Weaned Hey Mates,
No surprise that the penny clippers from CC are being shaken out. Their reputation has preceded them since I entered the markets 40 years ago.
We should get some consolidation in this range as the "day traders", in at $3.50 leave the scene and move on. I expect they'll be replaced by value investors taking their position for the long haul.
Cheers,
Brit