Hold your shares, this could very well finish well above $3 today. You have some slick trading going on now, as shorts trying to minimize their loses, but they will be covering and going long soon enough!
I agree with you, but it may be that it takes time for the news to get out and be digested.
I have jumped too soon in similar situations and lived to regret my impulsiveness. It may still hit three.
the PR was short on specifics.