You've never been in a penny stock? Well, IMO you picked a good one to start with, HOWEVER the world of pennies is risky at the least! We have to remember this is a start up company! They do have financing in place which is a good thing, and great management expertise! The future "seems" bright, but patience is required.
Finding a winning penny stock is as tough as nailing jello to a tree! Now and then it happens, and it's great to get good updates from management now and then. I think we may have been a little spoiled here with tons of news and then suddenly none. My only thought on that is "less is more," because when they really have something to say (not fluff), and they put out a press release, we will probably see a rise in PPS.
My personal penny stock strategy, because I hate my money tied up, is to take a small position (which frees me up for other things), and then to sit back and wait. When stellar news comes out, THAT is the day I add. Not before. But, that's just me!
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