CLYW exploding upward!
CLYW collapsed from $1 area down to 2.5 cents
IT was a total collapse and us longs took it hard
Some couldnt take anymore and sold out, some sold around .30 and felt they were so lucky to escape subsequent loss to 3 cents
I know many insiders bailed out
Lots of dirty garbages were reveals,lots of bad things and questionable acts of management came to light
Thing is, it was combination of many factors and when shorts and bashers piled in, it created amazing downward death spiral of CLYW and pushing this company close to extinction
Well, Turrni/sharm/valenti stopped the route and SOMEHOW prevent it going totally bancrupt
There are many hard works, long hours,personal sacrifice, brillian turn around strategy,some LUCK
BUT clearly, CLYW was SO oversold and so beaten down,even the small hope of survival will cause CLYW springback like a coiled spring,easily gaining 200-300%
just like downward spirital gained momentum and becamse death spiral, CLYW is gaining now upward momentum and people are beginning to realize CLYW is turning around, close to it's first licensing,Turrini vitalized CLYW and,making sweeping reforms at CLYW
At the end, once upward momentum is set,CLYW can retrace all it's loss REAL QUICLY then some more,i believe that is what is happening right before our eyes
Of course, some of longs who held this stock more than 3 years experienced ALL kinds of ups and downs so we know better than to be complacent and careless
But we also know all the right things are happening behind the scene and CLYW is gaining momentum out of REAL PROGRESS instead of hype and pump
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