GT Gold Corp. GTGDF

RE:RE:RE:RE:Here comes the flush!!

[Albertan22]

I don't think I agree with your statement on fundamentals -- since stocks are basically a bet on the risk/profit ratio, penny stocks have data points on this, just like more established companies.  A company that's financed and building a mine has a very different ratio than a company with a deposit that needs financing.  Even a company like GTT, that exists as a bunch of drill results and speculator interest, has fundamentals -- prior to last week, they were high gold levels in soil.  That's the reason it was more expensive than many other explorers.

However, I think you know this, and I suspect you're actually criticizing something else -- the weird fetish people have for 'holding long-term', 'long-term investor', 'not just here to flip', etc.  I totally agree with this, we're all here to make money, no one knows what is going to happen, these stocks are volatile, and the attitude that investing the right way means buying a stock and sitting on it is silly.  No one knows what's going to happen, sell when you think best.