That is the only way to do it. I sold 2,000 at $3.38 yesterday, bought them back at $3.20. Trading here and there... trying to make a few bucks... keeping a core position for a BIG win someday. Gotta have patience with this one.
I am not a pumper, but take a look at HL... a zinc and silver miner. NYSE traded, near a 52-week low, profitable, with NO DEBT (so rare for a miner). It is a $1B company, so it is for real... not a penny stock. It owns some really nice assets (Lucky Friday mine, etc.). It might not shoot up now, it might take a year or two, but at some point it will go back to $7-$10 for a nice 2.5x-3x trade. Good luck.
Beware a financial stock in a free fall. It rarely turns out well for the equity holder. Whatever you do... if you haven't bought into TWGP yet and are thinking about trying to bottom-fish for a quick profit, DON"T DO IT!
This reminds me of a Tom Petty song.... Free fallin'. My advice: never try to bottom-feed on a financial stock that is plummeting... there are a lot smarter people than you who understand the business and are selling the stock.