watch the volume, page-5

depends if you are in it for long term or short term, if you value the stock $2+ like a lot of people, you probably wouldn't need a stop loss.

If you wanted to lock in profits and possibly buy in later if it drops you would have a stop loss at the point you want a minimum profit locked in.

If your average price is 35 cents you might want a minimum of 100% profit so a stop loss of 70 cents would suffice. If it drops back to 60 cents you would reinvest and ride the rise again and put a new stop loss.