Well, if you are asking the question "when should I get out" here then your "on-the-job" training is not yet complete ...
The world will know when CCME will trade again ... and, it will most likely be on the pinksheets ... if the longs pause because either shock or hope that the "selloff will not be dramatic" and the "shorts have to cover", then SELL, SELL, SELL!!!!! If however, CCME is motivated lower by either the shorts or longs in a complete panic then just hold your shares ... it will come back to above the $4.00 level on a bounce from either short covering or another positive rumor/article from the cult ... all imho and good luck