I'm not sure what he was doing. But even if one believes a stock will climb much higher, just as many did from .06 on up, doesn't mean those who got in early can't sell any shares. Sorry, no such rule.
If one buys a stock and it continues to climb and one thinks the stock will clmiiv much higher, they can't sell any shares along the way to play it smart and to hedge against a pullback or several over time ?