Nice, good trade. I don't mind a little sideways consolidation here in the high .50s/low .60s, but I don't see this falling any further than that. Too much interest and FDA approval is looming. Either way, it will be $1-1.50 soon once the right PR drops.
My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.