You may be right, but a lot of people are sitting on massive profits right now. The majority of people who have been holding for more than a week or two are sitting on 150% profit or more. At some stage there will be a wave of profit taking and a pullback. That might happen soon, or it might happen at $1.50 with a pullback to $1.20. I'd be surprised if it got to $1 without a pullback along the way, and I'd be astonished if it got to $2 without a pullback along the way.
Even if it went to $45c tomorrow there would be a huge number of holders watching a pullback and choosing not to take 100% profit. I'm not suggesting this is definitely going to happen, but the possibility of going back under 50c in the near future is hardly something you can be certain not to happen.
I bought at about 21.5c because I thought it was a great company, I still hold because I think it's currently great value, but massive, rapid increases in share prices bring profit taking into the picture. We all know that.
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