Obviously, every stock is different but in my experience here's how "follow the big money" play unfolds:
--the price will rarely fall below the private placement price.
--the stock usually trades in a narrow range a certain percentage above the private placement place for a long period. There may be an occasional pop but it usually falls back into that trading range.
--the stock will only run when the big money are well-positioned. When it does run, it's fast and furious.
Follow the big money plays are guaranteed cash but they require patience.
In other words, I haven't a clue what you should do since it's your money. But I what I'm doing. :-)