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GCCP is probally the most undervalued penny stock on the market. GCCP is mainly a automoble transport company in France. They had 1.1 million in total revenue last qt. with 483K net income applicable to common shares. With a small 5.1 million market cap. this stock is way past due to move up fast. GCCP has been beat down by relentless bashers on "other" boards for the last few weeks. At about 5 cents right now, should be 10 to 15 cents soon. I know of no other stock that is this profitable at such a low price.
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I do like this company, but they have had to dilute in order to get where they are. The O/S have increased quite a bit over the last month I believe (but it may be over now) and when they release their next 10q it should be an impressive one. It appears to be very undervalued.
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The outstanding shares have remained the same at 98 million for the last 3 weeks. Bashers have won by driving the price down. A huge reversal is due next week IMO.
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