Not a believer in averaging down in any stock because your still losing money at the current price unless it goes up Never average down only up However in this case where you know the downside in limited at .01 it maybe worth it Hopefully additional news will be enough to attract and move it up Believe it will
I also think news will come soon on this. If it gets to .35 - .50 range, I would consider that a win, at this point. It will at least provide an exit ramp for some who have held on.
Maybe it goes higher than that, but I wouldnt count on it.