Welcome to the slow grind up. As long as you make a profit you're never late to the party. Know that NOBODY ever enters at the complete bottom and exits at the very top. So you're doing fine IMHO. Looking forward to the $3 break!
Personally I've been flipping this twice for 10% profits as I am/was unfamiliar with the promotors. Now I am in at half a position of my regular investment size and will let this run to see where it ends; they're doing a great job.
$7+? Hmmm, skeptical. Let's see if we can get $3.5-$4 first and then we'll have to see what's next. Must say that $5 keeps flashing up on my brokers ask every now and then. Maybe that's a clue?