Caught this on a falling knife, but did not wait for the bottom. Ended up buying in at $1 and had to wait a few days for it to bounce back up. Went ahead and sold for profit on a nice spike. The entry was not the best, but my exit was nearly perfect. Hovered around the $1.20-1.22 mark and since they were planning a conference call the next day, I suspected that selling into the news was inevitable. The next day it dipped and fell below a dollar. A pretty well executed trade over all.