Quote Originally Posted by GTM 3442 View Post
Well having bought PIL (possibly as SVY before the change of name) at $0.001 and having sold at $0.045, the answer is definitely a yes, a stock can recover from $0.001.

The real question is more to do with the length of the recovery. . .
For 100% gain, you can afford to wait for 10 years in today's low interest rate environment.

Being a backdoor job, you could become unstuck with the 100% gain however if the next reincarnation involves a 100:1 share consolidation before the Greek job is done.