Watch it for 30-45mins after open and if it hits $1.0# don't get in. If it dips to say $1.3# and starts turning back up, get in then. If it doesn't dip and you lost your chance to get in at 1.5-1.6 and sell $2 then its worth not risking further losses. I very highly doubt that once this bounce is done we will ever see $2 again. At least nowhere in the near future.
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