Winkipop - your call and I hope it works out for you.
Personally I think it's a much safer play to sit on the sidelines, miss a few points when it comes off and chase it up the green mile. Honestly a much more attractive prospect than having too choose how much money you want to lose if it doesn't work out.
I can live with buying in at 80c instead of 60c if it means I can trade risk free.