While the markets continue to rip higher and higher on some excellent earnings reports from some of the big tech bellwethers, we've finally achieved a level of at least a little concern anyway, and we're already seeing at least a short-term selloff. Stocks and the major averages in general can't just keep going higher and higher without any sort of relief along the way, so it's probably time investors start considering their long-term strategies. Basically, are you a Buffett style buy and hold individual and stay the course, or are you someone who trades along the way buying and selling when there's profits on the table? It's an important thing to consider for many reasons. It's probably a good time to point this strategy issue out too - because one of our favorite penny stocks in SPYR, Inc. (SPYR) got absolutely crushed yesterday on absolutely no news we can find whatsoever. Here's the basic problem with most penny stocks; until the stock in question has fundamentally proven it's growing its top and/or bottom line, it's always going to be subject to short selling and/or impatience from large individual shareholders, and sometimes even big funds with large stakes in the stock in question. Considering yesterday's capitulation in the stock, we're not going to know what the short interest was until sometime next week when we can access the data here: http://otcshortreport.com/?index=SPYR&action=view. Unfortunately, it's pretty much impossible to get the short interest in a stock on any given day, as most exchanges and data providers don't publish short interest until several days after, and some even weeks after. Guess we'll see if that had anything to do with it, but my guess is that's not going to end up being the sole reason for yesterday's debacle. My experience has taught me when this type of event takes place, it's usually triggered by some sort of massive dumping by a group or an individual that's basically decided to exit the stock for whatever reason - and then short selling and panic selling takes over from there. So, unless some sort of definitive news surfaces over the next several days providing some sort of hindsight to yesterday's 1.6M share debacle, then it's all likely attributed to the above. It would be nice to hear from the company on the issue, but that's typically something no public company is ever going to comment on. Why? Because stocks go up and stocks go down, and everyone out there has the right to buy or sell at any time without any sort of notice, unless of course the seller is an affiliate or an insider, of which then if the group or individual has 10% or more of the company in question, they must file with the SEC. Although SPYR's daily chart is a disaster right now, it's monthly chart shows this has happened on one other occasion a few years ago, so we'll see if history can repeat back to the upside over the next several months now or not. At this point, we see no definitive fundamental change with SPYR, so like we always say, the best time to buy the right penny stocks is when nobody wants them. And, always remember most penny stocks should only be traded, not necessarily held forever. More often than not, they can go up just as fast as they can go down and vice versa obviously as you can see with SPYR in recent years. It's your call, but it's our best educated guess SPYR could end up doing well someday, but as of right now it's anyone's guess as to what's going to happen with the stock on a short-term basis.