well of course, but it all depends on what your time frame is i suppose, if you are looking for the get rich quick you should probably sell as bounce around to the runner of the day.
There is an appetite for shares at this level as every thing in the 8's keeps getting scooped up, this will run again without news just based on the trading action, will it go down further? It might but it could just as easily pop on next to no volume.