Someone recently mentioned that this stock had traded at $1 at one time. Actually I was working for a broker on its IPO and it opened in the .20's I believe. I bought a few shares in 2007 for .22 as I liked the ice cream products they used to sell. Sorry to see the cow go but the future looks brighter with the water and containers. Wish that they were marketing the bottles and expanding to other products using the material - plates, food containers etc. I think that the new management is getting them headed in the right direction.
90% of the time when selling a stock I use a 10c rule. If my stock goes up 8-10c I sell regardless of the chart. I do this to control my greed and trade on percentage and not dollar amount. But in the case of TLGN I believe that there are many upsides to holding on this one. I will have to take my chances on holding this bad boy and to hope for the best. Id rather go down with the ship than miss out on something really big here.
I'm with you on that. 17 million of barrels a year is used for PET bottles. If you can affect %2 to 3% of that market, that is saving 340,000 to 510,000 barrels a year.
News 
Market Data 
Discover 
AI
