Launcher doesn't open minecraft 1.5.2

I am having the same issue, it will only start on the snapshots. Here is my log:

Launcher 0.5 (Dev) (through bootstrap 2) started on windows...
System.getProperty('os.name') == 'Windows 8'
System.getProperty('os.version') == '6.2'
System.getProperty('os.arch') == 'amd64'
System.getProperty('java.version') == '1.7.0_11'
System.getProperty('java.vendor') == 'Oracle Corporation'
Delta time to compare resources: 523 ms
Download job 'Resources' skipped as there are no files to download
Job 'Resources' finished successfully
Trying to log in...
Logged in successfully
Getting syncinfo for selected version
Queueing library & version downloads
Download job 'Version & Libraries' started (8 threads, 1 files)
Finished downloading C:\Users\Me\AppData\Roaming\.minecraft\versions\1.5.1\1.5.1.jar for job 'Version & Libraries': Used own copy as it matched etag
Job 'Version & Libraries' finished successfully
Launching game
Launching!
Running: "C:\Program Files\Java\jre7\bin\java" -Xmx1G -Djava.library.path=C:\Users\Me\AppData\Roaming\.minecraft\versions\1.5.1\1.5.1-natives -cp C:\Users\Me\AppData\Roaming\.minecraft\libraries\net\minecraft\launchwrapper\1.0\launchwrapper-1.0.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\net\sf\jopt-simple\jopt-simple\4.4\jopt-simple-4.4.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\org\ow2\asm\asm-all\4.1\asm-all-4.1.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\org\lwjgl\lwjgl\lwjgl\2.9.0\lwjgl-2.9.0.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\org\lwjgl\lwjgl\lwjgl_util\2.9.0\lwjgl_util-2.9.0.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\net\java\jinput\jinput\2.0.5\jinput-2.0.5.jar;C:\Users\Me\AppData\Roaming\.minecraft\libraries\net\java\jutils\jutils\1.0.0\jutils-1.0.0.jar;C:\Users\Me\AppData\Roaming\.minecraft\versions\1.5.1\1.5.1.jar net.minecraft.launchwrapper.Launch McSaac -264750294825367632 --workDir C:\Users\Me\AppData\Roaming\.minecraft

YOU CAN CLOSE THIS LAUNCHER IF THE GAME STARTED OK ----

YOU CAN CLOSE THIS LAUNCHER IF THE GAME STARTED OK ----

YOU CAN CLOSE THIS LAUNCHER IF THE GAME STARTED OK ----

(We'll do this automatically later ;D) ----
Client> HELLO FROM WRAPPER
Client> Exception in thread "main" joptsimple.UnrecognizedOptionException: '2' is not a recognized option
Client> at joptsimple.OptionException.unrecognizedOption(OptionException.java:89)
Client> at joptsimple.OptionParser.validateOptionCharacters(OptionParser.java:538)
Client> at joptsimple.OptionParser.handleShortOptionCluster(OptionParser.java:463)
Client> at joptsimple.OptionParser.handleShortOptionToken(OptionParser.java:458)
Client> at joptsimple.OptionParserState$2.handleArgument(OptionParserState.java:56)
Client> at joptsimple.OptionParser.parse(OptionParser.java:385)
Client> at net.minecraft.launchwrapper.Launch.launch(Launch.java:31)
Client> at net.minecraft.launchwrapper.Launch.main(Launch.java:17)
Game ended with bad state (exit code 1)

I already tried downloading the newer launcher, but am still having the same issue.

I was having the same issues.

Game ended with bad state (exit code 1)

Sorry I don't have the rest of the log. All I did was download the 1.5.2.jar and in my appdata .minecraft folder under the versions folder, 1.5.2 folder, I just replaced the 1.5.2.jar file there.

Started minecraft up with 1.5.2 and it works fine now.

This appears to happen when the generated session ID is negative. The game thinks it is a command-line option since it starts with a dash.

You have a 50/50 chance of hitting this bug, so if you retry enough it will eventually work.

Client> Exception in thread "main" joptsimple.UnrecognizedOptionException: '2' is not a recognized option

That should be fixed.