I completely agree. Any bounce should be sold. Understanding the cycles of these pennies is the only way to make money. Which is the fun of it.
I bought 5 penny plays over the last year as an experiment. Really more like a hobby as to me they are interesting. The one thing that I was really surprised to find out is the management of these companies, are all such low quality people. None of them believe they could actually be the next Google. Otherwise, they would have sustainable funding, and be listed on a proper exchange around 1-2 dollars.
Instead, they are all knuckle draggers. Which, if some of us here did not actually have morals, could run circles around in this game.
All the best
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