I got an e-mail alert today that Petel, which I sold yesterday at 11 cents, rocketed up to 20 cents today, which annoyed me greatly at first. By close of business, it was back down to 8 cents, some 20% lower than its closing price (12 cents) yesterday.
All things considered, I'm glad I acted when I did to lock in profits, even though I could have made more than I did: there's a lot of volatility in the penny stocks, and you can't really predict when a stock has topped out. When you're lucky enough to turn a profit, take the money and run.
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