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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS

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To: David Sirk who wrote (3918)7/6/1999 1:54:00 AM
From: Loren S.  Read Replies (1) of 4828
 
Not trying to rub anyones nose in it, but personally I always try to buy stocks near the 52 week lows. CLVE's 52 week low is below $.02. I would never touch a stock that had already multiplied by 20 from its lows. I haven't studied CLVE closely enough to know whether it's got potential to go higher or not. Just looking at price alone I've never seen a stock go from a penny or two to a dollar or more AND STAY THERE. I've seen plenty of pennies go to a dollar or more and crash right back down. Can folks name a stock or two that has ever done this? Awesome if you can catch one that does.
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