My concern with your strategy of waiting for $3 is that it might not happen, and with the right piece of news or two, a lot of people are going to see a moderate uptick as the sign that we reached bottom and are reversing... the moderate uptick will probably be very brief before fear of missing the boat gets a lot more people jumping in with both feet, and the moderate uptick could turn into a major spike, like a 2x to 4x spike, before everyone can restore their prior positions.
As soon as my funds clear, I'm grabbing as much more as I can. Just over $4/share is still a steal, and reduces risk of missing the pre-spike opportunity.
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