We are all here to make money. If you can do a couple of flips to say, get free shares or protect your capital, I see nothing wrong with that. In fact, I would highly recommend that most do just that. It is the easiest way to protect your capitol and get free shares which, in the long run, is beneficial to everyone.
I would never wish any harm on a fellow investor. As for the technicals, one must remember where one is. This is a penny stock and until the company starts to generate profits, it will remain as a penny stock and in general,charts, technicals and the like don't apply. The pennies are generally momentum driven.
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