Headless chook, you remind us of the failures, but let me tell you of a couple of beauties......ALL (Aristocrat) and CTX (Caltex)!!!
ALL went sub $1 only to recover to over $17.
CTX went from $2 to $20 (as brokers were saying it was a sell at $2!!!).
CNP from $1 to above $2 in Jan 2008.....plain and simple!