Like you, I hold most of my penny stocks for longer term gains. I tend to think that it's no more risky than investing in NASDAQ stocks if you do your homework. The trouble with many of these penny companies is that they are very skilled at painting a glossy picture that fades quickly after you put you money in. PYPR just seems too, well, vague. If someone asked me what this company does, I couldn't really say. For example, they've PR'd this theme park before, but still won't say where they're building it. It's almost like they're making up a story as they go to see how well the investment world responds. Too many big numbers and not enough details, IMO.