COHN - I bought 400 shares in the pre-market at $22.95 which I thought was a huge leap of faith since it was more than $5 above the close yesterday. It didn't do much for a little while and stayed in the 20s for a long time. I sold 325 shares in the higher 20s, and sold the remaining 75 at $41 and change. I wish I would have bought a bunch more of this low floater. Float is only 411k shares!
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.