GNGP Green Planet Group, Inc. GNPG .02's
Posted on this this back in April, GNPG was in the .02's and it was just before the last big run of about 100% over two days. Got some push back from the board about P&D,but this one is a keeper. Been watching everyday since and have stayed in right aroung the =/-035 range. Seems ready for a move with recent news and more to come. Accumlation and peeking over .04 is setting the stage for another runner. preety much the same action before this took off last time. Problem is the stock has trouble keeping eyes on it. After the run it filled the gap and been waiting for next leg up every since. I suspect if the right news hits this could b a multi day runner up to +/- .10 and it fall back maybe .05. This is a solid long term investment but if we see a run be ready to exit. Just don't see the PPS being able to maintain any kind of major move without retracement. Long term this is a solid investment and could hold at .15 within the next five-six months. IMHO
"Hearing" solid news expected this week, could be the big one everyone is waiting on. Should be announcing $100,000,000 deal with MAERSK very soon. Don't know the details but it's big and will bring the volume needed to push this stright up....Make sure to put it on watch and again be ready to get out quickly if neccessary.
Outstanding: 158.17 mil
Float: 136.44 mil
Green Planet Group Reports Quarterly and Yearly Revenues
Revenues for the fourth quarter were $8.1 million and the total revenues for the fiscal year were $37.7 million. Gross Profit jumped to 15.5% from 12.6% from the prior year, which was a 23% improvement. Projecting 70-100 Mil for current FY ending in March 2012/
