otc, I picked up some more CGNW. Has to be one of the cheapest stocks out there with Q3 earnings of .04/share and 9-month earnings of .09/share. How many stocks under .50 can say that? Heck...how many stocks under $1??
In the unlikely event that the stock is not discovered this summer, they should have a favorable Q4 comp coming up. Company should also post some big annual earnings...maybe .12-.14/share vs. a loss last year. Trailing P/E would be in the 3-4 range!
Hard to beat the risk/reward on this one. Downside looks limited while the stock could rise 50-100% and still be very undervalued.