Absolutely plenty of reasons for optimism for CERP! We are, after all, only one week in to 2014. The market made a strong gesture towards CERP without any new news.
A lot of the market movement were those who sold tax loss last year buying back in. Surprise, surprise...some of them have already locked in and taken profits.
A lot of eyes are on CERP. For this reason the strong market year start suggests that every new news, every new contract will spark a rally here! Not to mention what a favorable judgement against Hanover & Magna would spark?
Why? Why does CERP hold this kind of draw for investors?
Rare in penny stocks, CERP reports like NASDAQ, votes like NASDAQ and is transparent.
Anyone who read my post a couple months or so ago knows that I view the EU legislation as a game changer, but that I also feel the climb back will be slow. There is a debt load to overcome, if contracts roll in in Tsunami form there will be growing pains with needed expansion.
A lot of the CERP faithful weathered the ride down from NASDAQ. They did it because they believe in the product and the CEO. I think he is credible because he was one of the major influences in passing the EU legislation that will gain traction for CERP as the year progresses.
I think he is credible and formidable in the litigation filed against H&M. He holds a doctorate in law. He knows well the folly of filing litigation he can't substantiate in a court of law. Thus far the news out is that the courts have indeed found merit in his complaint against H&M that includes artificially driving down pps here. A win in court sparks a big rally here, IMO. The jury award handed down could be substantial, and help alleviate the debt load of the co.
They have a good product, and when compared to others, six other companies were just cited for false claims of biodegradability of their product. This makes CERP a stand out.
Reasons for optimism??? I could write a BOOK!!!
Go CERP!!!
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