Monitise Update

I sold my shares in Monitise at 99 cents a week ago providing a 120% return. I have watched these shares for a while and noticed a pattern emerges. The shares rise and then Monitise either acquires another company or issues a large number of new shares and the share price falls. After a while confidence returns and the shares rise again. The shares have now fallen again to below 85 cents and I think its worth waiting a while until they come down to around 65 cents or not. If they do I will reinvest as the company is doing well and poised for great growth. Its just that as time passes I see this as a repeat buy and sell opportunity rather than a buy and hold.