[Jerboa]

IMO laying this down is not a good play. MP1 very well might have a hand like A7, but he could just as easily have something like Q10. The CO raised preflop. His flop raise would tell me that he hit his queen (possibly AQ, or KQ?) The pot has 12.5 BB in it, so you are getting 6-1 on a call here. Strong betting doesn't necessarily mean that someone has a 7. In fact, the action on the flop tells me you are up against a couple of Q's.

That being said, I have zero confidence in my reads right now. I've spent the summer dropping my whole $600 bankroll at 1/2. And have only just build my last $3 back to $20.