CERP is running up 25% 52 Week High $1.25 Near the Low and here we go!
I know it will take all kinds of environmentally friendly companies to turn things around and you might want to take a look at CERP. They make biodegradable plastic since almost everything we use in today's day and age is made of plastic this seems pretty important. The company sold over 21 million in products in 2011 but had two large customers default on payments which almost took CERP into BK but two weeks ago the current debt holders agreed to waver until Dec 2013 provided the company restructure and that is now complete! Just last week they announced plans to build a new plant in Europe and another new contract earned now the stock trades for pennies on the dollar but is raising everyday.
Add this one to your list of enviro companies to hope for a positive rebound!