Close to Intermediate BottomAccording to my time and pattern counts, VGM should bottom in the next fews days on this retracement from the last leg up.
I seriously doubt that there will ever be a VGM close again below $0.50, and, at least, for this leg that those who like to munch on fiber nachos won't let it close below $0.53.
So my take is that there is a very, very limited downside here.
In fact, my take is that the best a speculator plunging in size can hope for now is to not run up the price to much trying to get an entry.