"you are making huge mistakes and taking huge risks getting out"
Like I said, I held some as well but there is more than 1 way to skin a cat. You are waiting for $1.
For every $1,000 held from here, you will end up with just over $7,100 assuming it makes it to $1. Great return but;
If I can take a 25% profit in 2 weeks, that is a much better rate of return. 25% compounded every two weeks would produce $264,000 in one year ( a bit more attractive than $7,100!). It would take a lot of skill and luck to get anything like 25% every two weeks but when I can get it, I will take it. There is absolutely no guarantee that this goes to $1. I'll be happy to see it do it, I'm sure there will be more trading opportunities as nothing goes up without corrections along the way.
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