Identa Corp (IDTA)

[pegasus1]

I would take the 40+ times profit, if I were lucky enough to get in at .0001 and sell at .0041 or better. I'm hoping for maybe a double at .01 for IDTA.

Problem with waiting too long on this other stock is it could be an acquisition target and perhaps a quick double within a few weeks. Don't know that I will get in again at a decent price.

You're right though. Better to catch it on the upswing and pay more when the trend is reversed.

I sold about 1/4 of my IDTA holdings a week ago to invest in another penny. It's been a good move so far, but these penny stocks are one wild ride. Can't sweat the short term swings on the long term plays or you pay for it with emotional trades.