RE:stock behavior I concur. Penny stocks are a waiting game mixed with some luck. A few of mine never gave any profits in my portfolio for multiple years, only to, very suddenly explode. Wait for 5 years with only losses , to suddenly wake up to an average of 100% Year Over Year, Return on Investment. Amazing how many cash out on the first leg up.
Some play the swings, and all to them. We all have to find our own style to win the game. I will never understand though or support the ones whose game is mired in bashing and negativity though. I never enjoy stepping on a back to get a higher return. Timing penny stocks is .... a recipe to wear yourself out and frustration. Find transparent and good management and a company you believe in, do your DD and learn to read finiancials and never gamble/invest what you can't afford to lose. I for one will be holding my shares.
oh. And if you think Institutions have meetings and dedicate their time, only to never invest until the catalysts hit... well... guess we are all welcomed to our own philosophies.