In addition to other replies, if it is purchased by a US citizen in an IRA or other tax-deferred account, you pay no capital gains, just ordinary taxes on total withdrawn (and penalties if age is less than 59 1/2 when wd occurs)if IRA was purchased with pre-tax dollars. My holdings are in an IRA and I'm quickly approaching my break-even. As I have a few free trades at my broker, if it moves south of 1.55, I'm out of here for a while to lock in something