Investor911,
This is just about mid-session and it remains to be seen how this will close.
The .02 level was clearly indicated by ClayTrader on August 4th as a key support level. If .056 was the top on an "overextended" chart, the .02 level, as noted by other regular posters, is looking mightily oversold.
IMO, your general perspective is absolutely correct...
If some have left, they could easily regret that later. JMHO.
alj