CERP is running up 25% 52 Week High $1.25 Near the 52 Week Low and here we go!
I look around me and everything is made of plastic! This is good news for CERP who produces biodegradable plastic or environmentally friendly plastic. The company just two years ago traded on the NASDAQ for around $5 but this past year when two major clients defaulted on payments owed to CERP exceeding 12 million it looked really bad for them. But just a few weeks ago the current debt holder agreed to a waver until Dec 2013 to allow for the company to regroup and come back to life. Last week they announced yet another new sales contract and plans to build another plant in Europe. With current sales in Asia, Europe, and North America this company could be poised for great future growth. The best part is CERP trades for mere pennies on the dollar but as people find this one it has recently really be taking off.
Don't take my word for it look at the chart!
Good luck to you no matter what your invested in.
ALL IMHO cerp maybe headed back to dollar land soon $$