We had similar situation on AGH; IPO at 20c, went up to 72c within a day or two and then started falling. There was doom and gloom on AGH threads as if sky had fallen, albeit without any substantial evidence and reason for this fall. Intelligent people kept buying till it dropped to 18c in December; there onward, it went up to 46c in next two months and now settled at 38c.
Too much negativity is equally dangerous as too much hype. You have to be in the game to win it. GLTAH