The reason peeps have a problem waiting in the penny world is because 99% of the time if you wait you get slaughtered. Look at all the MJ stocks. Don't forget pennyland is the Wild West. This is speculating on companies that don't have a 5 year track record of sales amd profit growth. You said you made alot of money and lost some too. That reminds me of the old saying, "I hope I break even, I can really use the money."