I agree. If you have the cash to invest in something that requires patience, timing is never perfect. Look at Vertex or Insmed today. I have a big investment in VRTX which I accumulated over time and bought on dips like I did with CEMI. My initial investment was at .50 and I backed up the truck at .13-15. At any time this could get bought out or an announcement can pop it 100% or more and the possibility for a hefty drop in half is really small. As long as you are not betting the farm..assume a loss of 1/2 is worst case from here, patience could be the best strategy.