"... but most of my winners in the pennies have been because of flips. There are few pennies that I hold long. "
And, therein, lies my problem. I was always afraid I was flipping too early and would miss out on a bigger kill. In retrospect, I can clearly see that I had it all wrong. I would tend to make that fatal mistake of "falling in love with a stock." I would get too involved with it and lose perspective on how to properly "trade" it. I can see all that now, but now is too late. I have run out of both time and money. So LEI is my last venture into penny land.
I wish all you chaps much better fortune in stock trading than what I have achieved.