You can think of it as selling which it actually is .......or just realize that people need Margin accounts to begin with to play the penny game and 2) it would only be human nature to try to get the greatest amount of shares for the money you have available and by (averaging down) there is only so far a stock can be averaged down vs. number of O/S (outstanding Shares) before the shareholder/investor finds the current price bottom (Long Holders) vs. what the company's market cap actually is.
Right now, it appears to be the previous bottom was about .012 and the current bottom is .02 so after we break out of this, it is only natural to think the next step up will be around .028 at which point the 20/21 buyers will be sellers hoping for a price drop to say .022 where they can then buy about 20% more shares than they had when they sold at .028. Patience is the name of the game with certain company's. This is one of them.
Good luck to you but maybe a thought would be to hold through the end of the month show at least and see where you are at then or if you feel uncomfortable, then just sell for the best money per share you can get. Just my 8 cents......
Unfortunately, I bought a lot of shares around $0.0289. If I had waited knowing the stock would drop, I would have waited and bought now.
I have to wait 3 days now so I am just going to hold. I can't believe people are selling. There is no point.