Brains are the indeed the key. Pennyland is very cerebral. More so when your in sub-pennyland. What I see over and over is that people try and play the penny's like it's a midcap-smallcap-bluechip, etc. That's like trying to play a hockey game using the rules of Ping-Pong
In this land, as you can see by reading the majority of the posts today, is that emotion has taken over. While some are selling on anger and fear and taking a loss and then crying themselves back to sleep, other are selling for a loss, with brains, and moving into a another penny immediately, their plan B, so to speak, one that is moving and one they have already taken the time to research, and they probably have already recovered their losses. Brains win every time.
The smart ones do this day in and day out. Always have another one in the wings. Most traders don't have the brain power to sit and research for hours upon hours a day to find that 'one'.
So, if people don't like the way pennyland works, where its rough and tough, quit playing hockey and go play ping-pong.
For me, my back-up plan tanked, so I'll find another one this weekend just in case. I still like this company though. Its like meeting a new hot chick that I end up liking. Kinda wanna see more of her instead of the one night stand. ;)
