Do whatever feels right for you. If it doesn't feel good for you take a step back from the plate and wait for the next swing.
Between the three big board exchanges and pinky land there are thousands of opportunities every day. Personally, I don't like to buy a pink unless it's broken over .01 and held as that is the most logical point a penny stock will collapse. I like them even better when they are around .02/.03 because usually by that time whoever was wanting to sell has sold and their shares don't create any overhead supply threat.