There's nothing wrong with that. At some time we all chase windmills. I did that with TASR: bought during Jan '03 and sold in Nov '04. I was lucky - nothing more. Just lucky. Since then I stopped gambling and started investing.
I dropped in here out of curiosity because of the buzz on Apple blogs. I no longer buy penny stocks. I see your eyes are open and I am not disparaging your strategy. LQMT might be your TASR. I hope it is.