CERP up Friday 8%, Monday 24%, today 47% Biodegradable Plastic Maker on fire!
This just might be one of the hottest stocks of 2013. 21 million in sales in 2011 and in the last 4 weeks news sales totaling around one million the CEO just announced today that they are on a sales rebound of the past! The company has a 52 week high of $1.25 a two year high of $5.00 and now trades for mere pennies on the dollar! After two major clients default on several million in payments due to the company things looked bad for CERP. Then recently the existing debt holders agreed to a waver to allow the company time to turn things right side up and surge ahead!
Now volume has been getting crazy with around 76 million shares traded today!