And if it was a typical penny stock, then I'd agree with you. In this case, waiting for lower prices that may not come could get you fewer shares. And instead of losing a couple thousand you're looking at losing out on a few hundred thousand in earnings.
It's a matter of do you want the small gamble, on a stock that used to be dollars, or do you not believe in it. If not, then go buy elsewhere.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.