Excellent post, Craig. Today reminds me of the first week I bought into the C stock across the hall, when it went from its new high of .08x to around .05.
I spent the next week convincing my wife I hadn't lost my mind. I had researched the lockup before buying and was confident of both the strategy and the team that was executing it. Of course I bought it at .05 too.
For those who aren't aware, the C stock across the hall is now trading around .40 and the squeeze hasn't even started yet. That's 8 bags folks, and look at the quality of people you get to do it with.
If you're new to this, I think the important thing is to average your way in a little at a time. That way you can start to see a trend developing and gain confidence as you start to watch the weekly chart. Anything more granular than that is a waste of time in my humble opinion.