Most penny stock traders do not hold onto shares. 3 days is normally the maximum. If the stock does nothing in that time period, they move on to the next one. And they always have a next one waiting in the wings, so if they hold too long, they lose.
Its not that they don't believe the stock has potential, its just that they believe the stock doesn't have potential to make a big move at this moment. You can pretty much guarantee that this is on their watchlists.
In all, while we stay put and hold for the next leg up, they are making money in other stocks and will get back into this when their strategy indicates them to do so.
