Mate it depends on your strategy. Sounds like your after quick cash where possible. If you are dealing in penny stocks then my advice is to take the green when you see it. I've been burnt so many times where I've been up 30 to 50-% only to then in a few days later be down by the same punt because I get too greedy and wanting to hold it. Your strategy sounds feasible. You got in at a decent level - I'm in at 3.1. This thing was Pumped to around 8 this time Last week - but you need to determine whether this is the stock you want to make a couple of hundred or a few thousand on. 20k of FAS isn't the end of the world so mate if you believe in it, the hold it. When it gets to a level Your happy with sell - just dont put yourself in a position where you can't sleep At night.
I'm banking on this baby opening much higher tomorrow And pushing towards 4 soon.
Good night all
FAS Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held