If you're for real on this I would tell you to pay attention to the general market. If every time this drops you think you'll never see this price do not believe it. But hedge against it by slowly taking small positions and averaging down.
I haven't even started yet. I'll wait until mid 3s to even start. Just gauge it. Don't let these clowns here instill unnecessary urgency in you. There are always dips if you miss one there will be another. Also we don't even know what the range for this is yet. That range could be anywhere. Right now people are thinking $3.90-$4.30. Becuase thats what we've seen so far. But nobody knows yet.
I'm waiting for $5..until I'm out of this back and forth fight...once Nokia hits $5 then 6, 7,10 will follow. In the mean time taking base hit profits. That worked for me well until I changed to going long waiting for this POS CC.
I see the logic in that probably this will not hit $5 until its in the clear in the market's mindset. It's certainly a much less risky strategy and less like gambling which is what owning this stock now is like.