Totally agree on that !. The flippers have infested many quality stocks, swing trading and instant gratification is name of the game. If you don't make 500% in 2 days on a penny stock - stock is useless :)
I personally hate to own a stock that rallies 1000% in a week or even month...hate it from my guts
It just creates unwanted attention and fast money pump and dump
The slow and steady movement over many months is great !
I love the boards that are serious on DD and spend quality time looking, analyzing PR, researching people at the helm, doing their background DD, reading filings, finding out Notes, past debt and possible impact on stock price, talking to IR, asking questions, looking at peers, past history and several things, float, dilution, debt...
Apart from that everyone should learn Level2 - A must have experience in pennyland to spot market manipulation..so that you know what's happening and where the stock is headed, what level of manipulation happens, the RED painters who try 1000 shares trade which cost more commission money than actual amount, just to drive stock down, fake trades, cutting the ask - That's for those who know what the game is !
good luck