|
|
| Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB |
 |
|
07-14-2007, 03:40 PM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 621
|
|
CERP - Cereplast,, Inc.
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).
--------------------------------------
Share price as of close 7/13/07: 0.64
As always do your own DD!
__________________
It is my right and my duty to be Rich
|
07-14-2007, 05:20 PM
|
 |
october poster of the month
|
|
Join Date: Jul 2007
Location: Toronto, Ontario
Posts: 304
|
|
Re: CERP - Cereplast,, Inc.
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.
__________________
No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.
Buddha
|
07-19-2007, 07:03 PM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 621
|
|
Re: CERP - Cereplast,, Inc.
Closed today at .81
Did you buy some, Therion?
I wish I had bought more below .50
__________________
It is my right and my duty to be Rich
Last edited by Rich1; 07-19-2007 at 07:06 PM.
|
07-19-2007, 09:44 PM
|
|
october poster of the month
|
|
Join Date: Jul 2007
Location: Toronto, Ontario
Posts: 304
|
|
Re: CERP - Cereplast,, Inc.
motherfu..... I totally forgot about CERP... well that sucks for me. Nice find though, if you come across more, be sure to post them!
__________________
No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.
Buddha
|
07-20-2007, 12:18 AM
|
 |
Jedi Initiate
|
|
Join Date: Jul 2007
Posts: 21
|
|
Re: CERP - Cereplast,, Inc.
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?
|
07-20-2007, 01:45 AM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 621
|
|
Re: CERP - Cereplast,, Inc.
Yes. I only have a very small position, but enjoying it very much :D
__________________
It is my right and my duty to be Rich
|
08-02-2007, 01:31 AM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 621
|
|
Re: CERP - Cereplast,, Inc.
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.
__________________
It is my right and my duty to be Rich
|
08-06-2007, 05:06 PM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 621
|
|
Re: CERP - Cereplast,, Inc.
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
__________________
It is my right and my duty to be Rich
|
08-06-2007, 05:12 PM
|
|
Jedi Knight
|
|
Join Date: Jul 2007
Posts: 669
|
|
Re: CERP - Cereplast,, Inc.
Quote:
Originally Posted by Zoom
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...
|
08-06-2007, 06:59 PM
|
 |
Jedi Master
|
|
Join Date: Jul 2007
Posts: 1,133
|
|
Re: CERP - Cereplast,, Inc.
Quote:
Originally Posted by scmfinance
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.
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -4. The time now is 05:37 AM.
|
