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If you think you will "pick" winners with penny stocks, then you will soon be seperated from your money. The "only" way to trade penny stocks is purely by volume and nothing else and even that is risky as hell. Never ever, ever believe a fucking thing any penny stock company says, because they will outright lie in their press releases because 90% of them are scams and they get away with it due to zero regulation.
Also if they have some "big announcement" comming, you can be 100% certain they will reverse split just before the announcement and steal everyone's money.
The only way you trade those things is by watching what ever stocks have the highest volume and jump in and out of them and be out by the closing bell. Never give a rats ass about what the company is or says, just trade by volume. Anything they say or promise is a lie.
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