Take it easy there...most are moved by price action. It's human nature to buy on the upswing and sell into the fear. Penny stocks are volatile because they are so easy to manipulate without the needed liquidity and yes the gamblers getting in and out. There is an entire industry that sells hard into any penny stock that moves up. I wished those selling knew this, they surrender their shares too easily.

Plenty of people invest long in penny stocks and hold.