Hi Java,
I been fairly successful trading pennies. I keep a close eye on share structure and always have an active trading position, as these are not blue chips. But they do run, even genta has had some good runs and I have profited quite nicely.
Follow some basic rules and you should have some success.
1. Don't look for the home run on a penny stock.
2. When you are in the green cash out your principle and take a small profit and start building a free share trading account.
Then you can sit back and watch the ticker and not get emotional about the stock.
Good trading,
prsch3259