First of all, it seems to be a good price to get in. I still believe that this stock has been capped by instos to get maximum benefits of the recent placement.
Buying at 22 cents and 25cents will be a good mid-term trading entry. I still believe that PSD will be trading above 30cents once analysts' briefing will be starting late April. If it moves above 30 cents and hold it it will move back to 46cents. It's just my thought.