Timothy Sykes maintains that penny stocks are often volatile and driven by hype or manipulation, which can be leveraged for profit if traded correctly.

“I focus on these patterns like when will there be a lot of buy orders piling up at the market open. So, I was stupid, kind of like you, like in the beginning I was like aggressive, and I put in when I had made a quarter of a million dollars, I put in 175,000 dollars in one stock over the weekend.”