I'm still cheating my technical indicator test with Biopack Environmental (BPAC).
I'm still doing the Buy & Hold thing on this one, and it's pretty boring right now.
Buy Price: $0.29/share
Current Price: $0.19/share
The financial numbers were released recently, and they looked pretty good. I wonder whether I'm missing something here.
I admit that there seems to be a limited amount of profit on environmentally friendly food packaging material, but we DO eat a lot of food on this planet. I imagine that someone would have to sell a whole lot to make a modest amount of profit, though.
I'll keep you posted.
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