I trade this way on every OTC stock except ADMD. When FDA approval comes out on this stock, my 1 million shares will be worth more than your flipping for an entire year will be. I will gladly flip everything else just not ADMD with pending FDA approval that could be announced at anytime.
I hold a long position in several OTC stocks, and Nasdaq and AMEX as well. I don't differentiate when the company is transparent and fully reporting according to the exchange they are on. I am not speaking for only myself when I tell you that longs that have done DD are just as accomplished in OTC as they are on national exchanges. I wish you the best of luck as every trader has their own strategy. JMO.
To each his/her own. No need to crow about how much you pay in taxes. Daily flipping hurts the PPS, period. If you're doing so with a stock like this, it's better if you don't boast about being a "daily scalper." Its contemptible to many longs here who have targets and objectives. But again, your money, your play.