CERP up Friday 8%, Monday 24%, today 47% Biodegradable Plastic Maker on fire!
If your like me and thinking everything these days has to do with plastic then you might get depressed thinking about how all that will affect the environment. In comes CERP producing biodegradable plastic and in 2011 alone sold over 21 million worth. The stock has a 52 week high of $1.25 and two years ago traded for around $5.00 after failing to receive millions owed to them from two huge overseas clients it looked dire for CERP. Then the current debt holders agreed to a waver now the company has gone through a complete restructure and is surging up! Just today they announced yet another new sales contract this makes around one million in new sales for the last 4 weeks!! It's not to late to get in this one, that's the best part the stock still trades for pennies on the dollar!
Check them out it is a once in a life time find IMHO that is.