RE:a win is a winLikeike, your are right a win is a win, no one should ever fault anyone for taking a profit. The resource penny stock market can be a very humbling place when one looses a lot of money, always protect profits.
The Hedgeless Horsemen likely sold, and if I know these type of people correctly, it will be on his board, rising in price each day, he will buy back in. Bottom line, gamblers can't resist putting more money in and will chace profits until they loose everything.
Five of my friends met at the casino many years ago, sat down at Blackjack, ordered drinks and decided to play for the evening. Tony next to me won his first hand, up $20, took it and said this profit is going into his son's education account, got up and went home after one hand. The rest of us stayed, drank ourselves silly, had a great time, but lost all our money.
Moral of the story, everyone has a different risk level and trading approach.