close at $1.50 is absolutely not going to happen today. Maybe after a good earnings release but not today.
I sold all my remaining 4000 shares today between $0.51 and $0.57. I expect to buy them back tomorrow under $0.49. I'm not bashing this stock, just being realistic. On the long term I think GKK is very good investment, but now it is being undervalued because of the general market sentiment.
I agree with you long-term. The problem is, short term it is very unpredictable. By selling today, you lock in your losses (assuming you didn't buy the shares yesterday in the $.40s). There's no telling when it will move up (or to be fair, _if_, though barring a completely unforeseen catastrophy I'd put the odds strongly in favor of it doing so), but when it does move it will move fast and you may miss that chance to buy back under $.49.