RE:istro Well, the thing is if/when it gets above .30 again, it may not turn back down low .20s again and go to .40 instead. If you sell everything at .31, you leave a lot of money on the table.
Depending on volume, it may be a good idea to sell in smaller chunks (say 40k at a time when it hits your target). Will be easier to sell and you may get a better price overall if it keeps climbing.
Making 3 cents on 160k very different than making 13. If you believe we will see .38 again, maybe worth it to wait.
You gotta go with your instincts if you're trying to trade your way out of this mess... but more often than not, every time I tried to get smart and trade-in-and-out hoping to squeeze extra profits, I always wound up losing more / making less than if I just sat on hands.