Never rule out short selling as a strategy. Just not in penny stocks. The two things that drive the markets are Greed and Fear. When fear hits you will make money quicker and faster on your higher priced equities. 12 dollars a share and above. If charted properly with markets and indexes these can be predictable when performing swing or position trades. Why you would trade penny stocks for such a minor spread is beyond me. Seems like a waste of time.