Mayhem1, I learned many years ago from stupid mistakes and lost many thousands as I didn't listen to my smart old friend who was teaching me about gold and oil stocks. I'm now putting his advice to work in these sectors picking out those stocks that can pay off big. We would spend many hours in a coffee shop at least three to four times a week with our trading folders talking about stocks but mostly him teaching me how to trade and with what companies, the dos and don't. He's was retired then living off the big gains he made from gold and oil stocks and hopefully from his advice I can do the same this time around and hopefully you too. BONZ is my top gold stock pick for 2012!
P.S. My friend wasn't a flipper at all, he picked out gold companies and oil that he felt would eventually pay off by holding onto them for years watching the companies grow in value. The trick here is to pay attention to the company on how it handles the share structure according to it's growth. So far BONZ is doing it right as for now.