No, that is what trading is all about. Just be cautious and always be willing to lose everything you invest. Penny stocks are very unpredicable. Get in and get out. Dont stay in these too long. Just my opinion of course but I have learned the hard way. Dont get too gready!
Not at all. You are not privy to inside information, it's speculation. Only advice I can give is, don't get greedy. This could hit .05, it could just go to .008. You will know when the transaction is announced completed. If it's going to .05, it probably will get there very fast
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