People jump on board when they first hear about a penny stock on a board or Reddit. They expect to make high percentage gains same day or overnight. When they don't they bail. As a more educated "investor" not a trader, you should get in on these types of stocks (custodial stock) with caution and patience. This is not a trading stock. (Although you can trade the individual peaks with a portion of your shares, you don't want to be completely out in case the next peak comes.) Once the R/M happens then decide if you want out or hold. These are highly risky plays. Expect to lose on some/most. The ones that pan out should more than make up for the losses.
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