That's why I stopped buying penny stocks. The waiting...

That's why I stopped buying penny stocks. The waiting around for the company is not worth it. It's more worth while buying large cap companies on short term lows and selling on short term highs. Cheap brokerage is the key. The current interest rates on savings accounts is making it a lot harder for me to get back into the market because it covers all the bills with zero risk of losing my capital.