Ahh, you remind me of myself years ago so much in every sentence you write!
And here's your concern: If the squeeze starts at $1 and goes to $5 then you make, let's say, 600%. That's great, right? NO, because you are mad now that you didn't get in in the .30's because you would have then made 1500%!
If you bough in the .30's and made 1500% then you wish you bough a year ago because you would make SO much more... You want to do exactly what myself tried to do years ago - get in at the absolute bottom and sell at the absolute top. It's the mind game that will make you fail every time. It's totally irrational but so predictable.
All I can say - read the book! (Hm.. now I sound like I am pumping a book :)