Exactly, a retrace back to test the 1$ support level is normal. You guys that have been following this since under a $ and haven't seen this type of action before need to just know that it's in the momo-traders hands and that these types of swings are normal. Stop driving looking two feet ahead of you and look down the road, so long as we're trending upwards (we've gone from the 40's to over a $ in a short amount of time, we're doing just fine.
Plus feel free to sell, but good luck trying to get a position once news releases. You might be able to save a 7 cent downswing but will be buying likely 40-50 cents higher or just a modest NR. A named FAB partner/deal and we're looking at over 2$ imo