Dump The Pump

[Risicare]

The only people who make money on penny stocks are the promoters , the penny stock scammers and the professional traders. You are basically a naive minnow in a shark tank here, much, much more so than in big board stocks.
Your chances of making any money are slim to almost none. You would be better off going to a casino as at least the games are not rigged.

Trading these stocks you must understand and or be able to
cut losses
have proper position sizing
know sentiment
not believe any hype
have a set plan
follow the plan
have an edge.
knowledge of behavioral finance

If you do not have these things you have already lost every penny.



edit - and what Buckey said, Wayne R's mantra is true as can be