Well of course you would consider it ridiuclous and pointless...

Well of course you would consider it ridiuclous and pointless because you’re a non holder,who also seems to want to be acknowledged as a ‘more experienced critic’.
What % of penny stocks fail on the ASX over the past 5 years and why?
Where do you get your 9 times out of 10 figure?
Would it be because of the scare mongering that occurs by manipulating sellers and shorters sending a possibly good company into the abyss?

Surely non holders thrashing a stock negatively contributes to this scenerio?

So treating a penny stock guilty until proven innocent is rather unfair.