My thoughts, never invest in any stocks unless you do your own dd and unless it with money your will to lose, especially with penny stocks. In most cases the risk is bigger than the reward. Use your broker stock scanner to scan for stocks in your range and research those stocks companies, financial statements and track record on their PR. Holding short-term your a trader, holding long-term your an investor. You don't sound like you have much funds to go in and out of a stock so look for something solid to invest your money in that has good potentials of returns. I'm holding a number of share of this stock and I'm up 100% but actually more than that from trading previous range but I wouldn't suggest you put your money in to this stock right now if you have better options but do your own dd.
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