CERP - Cereplast,, Inc.

[Rich1]

CERP - Cereplast,, Inc.

I like what this company is doing - renewable plastics. I think bio-plastics is the future of disposable products (cups, plates, bottles, utensils, etc.).
Cereplast has proprietary technology to produce the bio-resins used to make a wide variety of products. Apparently, they're going from a manufacturer of these products to a supplier of the bio-resins to current major manufacturers of plastic products. Everyone wants to be "green' :)
Cereplast has been recently featured in several publications.

Website: http://www.cereplast.com

From the website:

Cereplast, Inc. (OTCBB: CERP) designs and manufactures proprietary bio-based, renewable plastics which are used as substitutes for petroleum-based plastics in all major converting processes – such as injection molding, thermoforming, blow molding and extrusions – at a pricing structure that is competitive with petroleum based plastics. Cereplast’s uniquely formulated resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute).
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Share price as of close 7/13/07: 0.64

As always do your own DD!

[Therion]

The charts are looking pretty good on this one, and I like their product line. There's definitely potential here. They've also diluted twice this year, and it hasn't hurt their share price, but I'm wary of more dilution. I might grab some shares of this and see where it heads.

[Rich1]

Closed today at .81 :)

Did you buy some, Therion?
I wish I had bought more below .50

[Therion]

motherfu..... I totally forgot about CERP... well that sucks for me. Nice find though, if you come across more, be sure to post them!

[shuebakka]

Hmm wish I saw this thread sooner, nice find though! A nice doji today though after a good week. Interested to see what happens tomorrow.

Are you still in Zoom?

[Rich1]

Yes. I only have a very small position, but enjoying it very much :D

[Rich1]

Am I the only one still in this? :D
I think that considering what's been happening to the markets in general in the past few days, this is holding up pretty good.

[Rich1]

It jumped again. Up 15.19% today to close at .91 :)
No news. Wish I knew what's going on behind the scenes...

I'm really kicking myself for not buying more when it was around .50

[scmfinance]

It jumped again. Up 15.19% today to close at .91 :)
No news. Wish I knew what's going on behind the scenes...

I'm really kicking myself for not buying more when it was around .50

looks like a nice cup and handle...

[lovemoney]

looks like a nice cup and handle...

Yes, it looks like the second top of the cup may hit about $1.02 - $1.05 or so. That should get it into overbought teritory on the RSI. If it hits resistance there abouts I'm gonna watch to see if it pulls back on forming a handle from there and see what it looks like.

[scmfinance]

On my blog, I said this would fill the gaps, which it's doing today. $.75 is a nice entry point IMO as I expect this to climb.

EDIT: Noticed the 10QSB is out today and upon quick glance, does not look great. Not sure how much of this was anticipated so I'm not sure how the PPS will be affected. $.75 may not be a great entrance afterall...

[scmfinance]

cup and handle formation (again). we'll see if it breaks out this time.

[greencat]

I have been watching this one. If its going to do it now is the time.


Cereplast Turns Up the Heat on Bioplastics with a New High Temperature Thermoforming Resin in its Compostables(TM) Resin Family

Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based sustainable plastics, announced the launch of a new high temperature resistant thermoforming resin, CP-TH-6000, in its Compostables™ family. Cereplast now offers 15 different grades of resins in the Compostables TM for different converting applications. CP-TH-6000 is being marketed at price lower to conventional styrenic thermoformed resin and is commercially available as of November 1st. At a time of increasing demand for bioplastics Cereplast believes that this new resin illustrates its technological advance in the sector.

“The new resin is a breakthrough for the Cereplast Compostables™ and is the result of a successful research and development project which demonstrates Cereplast's ability to answer specific requests from its customers’ converters and from the plastic industry,” said Frederic Scheer, chairman and CEO of Cereplast. Although biodegradable and compostable resins have generated a lot of interest in the past few years it is clear that one of the limitations was the temperature resistance that at best reached 140OF. CP-TH-6000 has a high temperature limit of up to 155OF which clearly set it apart from its competitors.

Based on Poly Lactic Acid (“PLA”) from NatureWorks, CP-TH-6000 is a resin that was engineered over several months by Cereplast's R&D team. Standalone PLA has a heat resistance of about 105OF, while the new engineered resin from Cereplast incorporates nano-technology and proprietary patented process that allows it to reach up to 155OF. “This is an outstanding achievement for our R&D team,” said William Kelly, senior vice president of technology. “Not only is CP-TH-6000 heat resistant up to 155OF, it is also fully compostable, meeting ASTM 6400.”

At a time of an increasing demand for bioplastics, fueled in part by rising oil prices, a key ingredient in the manufacturing of traditional plastic resins, Cereplast believes that this new resin will assist in accelerating adoption.

Earlier last month Cereplast also launched BiopropyleneTM, as part of a new family of resins, the Cereplast Hybrids™. BiopropyleneTM has heat resistant properties up to 250OF.

[Weirdharold]

Looks like that PR was timed to the T/A of the chart!

SEE Chart (http://stockcharts.com/h-sc/ui?s=CERP&p=D&yr=2&mn=1&dy=0&id=p34156566264&a=122041723)

Would not be surprised to see this one gap up on Mon.

[Rich1]

I have been watching this one. If its going to do it now is the time.

So... do you think it will?
I still have a few shares at .47, and I've been hoping that it gets above .75 and hold it, but every time it comes back down.

[shayfer]

Well yesterday didn't do what I thought it would do! I guess its consolidating and being supported on the 200 day? :confused:

[shayfer]

Is anybody still holding this one? It sure looks if it can break the .60 resistance it should climb.:)

[Rich1]

I'm still holding a few. :)
Did you read today's PR? I like the part where it says:
“With all the major global players in attendance, it became clear that Cereplast has a unique and more economical approach to bioplastics manufacturing than other companies.”

http://biz.yahoo.com/bw/071127/20071127005672.html?.v=1

I don't know if that's true... it would take a lot of DD to find out.
I was kind of surprised that the market didn't respond better.
We'll see...

[shayfer]

Zoom hey thanks for the link btw! Its being supported by the 200 day but the MACD is heading down with the Full Sto I'm gonna bail If it can't hold the 200! :~/