I sold a third of my CTG stock today for $4.02. I was waiting for $4.50 but decided to scrape off a little profit regardless. If it drops $0.25 then I may buy back more than I sold.
The reason I did this was because there is very little volume and a very tight Bid & Ask price. (Bid is the price people are trying to buy for and Ask is the price people are asking to sell at.)
Previously the volume was decent (still low for other normal stocks) but the Ask price was high! I feel the buyers aren't going to pay much more than $4.00 - $4.05 unless they have other reasons to. I expect the price to drop to about $3.60-3.75 in the next couple days as people get nervous and try to take profits.
Keep in mind I only sold a third and am holding onto 66% because I feel this is going to go up to $5 by the end of January, hopefully sooner.