PetroAlgae, Inc.

Discussion in 'Stock Market' started by Paulie, Jan 14, 2009.

  1. Paulie
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    Paulie Platinum Member

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    Been researching some green companies, and this one strikes me as a potential good play for the long term. It's a little under its 52 week high of $8.50, at $6.77 at this very moment. It spiked up to its high immediately following a $10 mil stock offering to two investors. No dividend yet, but that could change as this company grows.

    It's trading under DVGL right now until while it awaits a new ticker.

    PetroAlgae Announces Listing on OTC Bulletin Board. | Company Activities & Management > Company Structures & Ownership from AllBusiness.com

    Toro, your thoughts? Should its OTCBB listing raise any red flags?
     
    Last edited: Jan 14, 2009

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