It's a strategy sure but that is risky without doubt. Buying the lows is a far safer bet, if not almost risk free (as we know this is safe long term) but selling at what could be the bottom is like I said, risky.
But that's my point, or at least the foundation to my point - it appears the drop to the 0.002X is inevitable. After all, we have a long way to any substantial news. Sure we'll probably hear from Ken & Co. sometime soon (although very unlikely it'll be this week), but it won't be anything that substantially moves the price.