I agree that if they all rush to sell the dividend, the price will fall quickly. As far as suggesting everyone leave penny-land to higher quality stocks, well that's just not going to happen. Pretty much everyone that's in these are gamblers not investors.
Fee! Fie! Foe! Fum!
I smell the blood of an Englishman.
Be he 'live, or be he dead,
I'll grind his bones to make my bread.