This is so true: "Don't buy and hold pennies on the otc...it's most likely to turn out to be a losing proposition...."
My advice is to play the price action and always take profits.
The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.