Sun, Sep 21, 2014, 6:45 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

ADVENTRX Pharmaceuticals, Inc. Message Board

  • stockangel1@ymail.com stockangel1 Feb 6, 2013 8:56 PM Flag

    CERP up Friday 8%, Monday 24%, Tuesday 47%, Today 43% Biodegradable Plastic Maker on fire!

    Just look this one up real quick and see what you think......seriously....

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • According to an article,
      Cereplast, Inc. (CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, generated approximately $300,000 in new revenue during the last two weeks of January 2013. These orders received are in addition to the $500,000 of new revenue that was announced on January 23, 2013.

      The Italian Application Decree, which mandates that companies discontinue the use of traditional plastic bags in favor of bioplastic bags or other alternatives, continues to drive demand for the Cereplast Compostables(R) blown film grades. The new orders were fulfilled utilizing existing inventory and were paid in advance of shipment or within conservative credit terms.
      http://finance.yahoo.com/news/cereplast-provides-shareholder-italian-application-130000122.html

      It appears that the Italian market and possibly other markets for bioplastic bags will require greater quantities than currently required.

      I find the price only moving 5c since Jan 18, 2013 with many days of very high volume disconcerting. Without reading the SEC docs, it's almost impossible to ascertain the reason(s) it hasn't moved higher. imo, the price should be higher based on the news and TA.

      There are two open gaps, one on Tuesday (0.0285-0.03)) and one on Wednesday (0.042-0.04510). They will provide support, but they may be closed.

      It'll be interesting to watch.

      from Nasdaq history:
      02/06/2013 0.0461 0.06 0.0451 0.0599 88,839,219
      02/05/2013 0.03 0.043 0.03 0.042 76,390,896
      02/04/2013 0.0229 0.029 0.019 0.0285 39,613,556
      02/01/2013 0.0245 0.025 0.0182 0.023 40,152,284
      01/31/2013 0.0272 0.028 0.02 0.0214 25,826,088
      01/30/2013 0.029 0.029 0.024 0.0255 7,847,618
      01/29/2013 0.0295 0.0295 0.0231 0.025 28,631,588
      01/28/2013 0.034 0.0355 0.0221 0.0281 43,369,688
      01/25/2013 0.03 0.0365 0.026 0.035 40,810,872
      01/24/2013 0.03 0.0344 0.023 0.0273 39,735,316
      01/23/2013 0.0288 0.0449 0.025 0.0291 74,543,624
      01/22/2013 0.0115 0.0249 0.01 0.0248 46,294,476
      01/18/2013 0.011 0.0119 0.01 0.0115 8,487,187
      01/17/2013 0.013 0.013 0.0096 0.01 14,863,689

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.