Chart, page-18362

I didn't 'knock' long term strategy, as the matter of fact: you repeated the same thing I said. Only replaced my words with different words and scolded me.
'Challenges with market dynamics and funding' are the same thing as unknowns and outside company's control.
And 'waves' are the same thing as volatility.

These things make the companies like GXY excellent for trading as they run on momentum in huge swings/waves (volatility). You can make good profits while SP effectively doesn't move over longer period.
Which isn't that great for LT holders as it can take years of roller coster mind £#@€!ng and seeing profits disappear over and over again. Before potential payday is realised.
Especially if you are 80% down and your hope gets crashed constantly. (If I remember correctly: Ramirez bought in on very first run a decade ago at $2.8 or something. So not as simple as sitting on nice fat profit and waiting for payday)

It doesn't mean LT strategy is bad per say nor have I ever said that. It's bad if you end up holding company that never realises potential. Just like a bad trade is bad if you end up losing money. Not much different really