this was crossposted from Over the Hedge.
MRL, the “Most Expensive Stock”, is even more expensive today at $1.18. No news has been announced on the core business, but Ecoblu, that formerly failing woodworking company that MRL bailed out in Feb 2011, has tripled in the past month:
MRL is now sitting pretty on its $10m investment, now worth $40m and exceeding our best case scenario of a 100% ROI. Ecoblu achieved this by going red, adding fire protection to the termite-busting benefits of its wood treatment:
This is important stuff if it looks like this growth will continue. However there is reason to believe that alot of this is just PR fluff: Those “Additional Product Contract Orders” are for nine (9) homes, for a total revenue “in excess of $148,000.00 dollars” (weasel word alert). Those “Two Neighborhoods” consist of 18 lots, which we can probably put ...
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