Made an error - What to do?

First off, I realise the stupidity. Honestly. I just want to see if there's anything I can do...

So, my first time buying, not because I'll be doing it all the time, just wanted to buy some stock and leave them be for a while.
However, like an idiot, got a little confused while buying stock of PYL.
Thought I was buying at $0.50 (which is probably still too high, as it starts at $0.20), and bought at $0.895 - boo!

Could someone please give me some advice... What I'm thinking I want to do (I am fully aware I'll probably lose a little bit of cash backtracking like this), is wait for it to hit at least $0.895 again and SELL.... Then wait for it to drop back down and buy them again at a cheaper price.

SOMEONE PLEASE HELP THIS STUPIDITY.