540 lots!!
That's a lot!
For me, I personally don't trade penny stocks, but if you feel that the company's fundamentals are good, then you may just hit the jackpot if it rises.
Have attached PDC's chart. It was on an uptrend since 30 October 2006, but is now consolidating around the $0.07 to $0.085 region. Not much indication for the long-term from a technical perspective.
If buying for the short-term, would advise buying on dips when PDC hits $0.07 and selling at $0.085 (as shown by the trading range)
Of course, all this is just my personal opinion
