posted
Anyone have any ideas if they think the stock price is going to go up past .0136? The bid has been at .0133. My opinion is that we will finish above .0131 today but looks like at the rate we are moving theres not much going on to cause the stock price to jump past .0136. I hope I'm wrong
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posted
PLNI can't even hold its own. Meager gains vanishing rapidly! 1,400,000,000 Outstanding. Wow! Thats not a "typo" newbies. My current estimates of PLNI is overvalued at the current PPS. Fair value is around .008-.011 and will easily return there. Don't be duked into paying more than fair value. Patience.
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posted
cold might want to mention 80% held by insiders per ir. float is much smaller. and a stock making gains on low volume with no news, not holding its own? well, i'm making money today.
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Another big negative for PLNI shareholders is oil. Now up over $60 a barrel. Jim said himself that higher oil prices will impact future earnings! $80 a barrel just around the corner.
OT-Newbies Most people here boght in between .003-.0075 and would love for you to buy in at the current overpriced value of above .013 to keep the PPS from falling. Their interest are on a different track than ours! Wait,Watch, and learn.
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Hey Cold...you really should stick to construction work... your bashing skills suck!
quote:Originally posted by cold_up_here: PLNI can't even hold its own. Meager gains vanishing rapidly! 1,400,000,000 Outstanding. Wow! Thats not a "typo" newbies. My current estimates of PLNI is overvalued at the current PPS. Fair value is around .008-.011 and will easily return there. Don't be duked into paying more than fair value. Patience.
posted
cold, products made with RECYCLED plastic. RECYCLED. this is versus steel supports. looked at the price of steel lately? dd dd dd dd
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i am thinking what made this stok stop it has so much going for it i would have thought it would be .03 by now. i mean compared to a lot of garbage out there trading for more. i guess you either love or hate it
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IMHO, the reason it isn't that high yet is because Turek set expectation with when the audit would be complete. When it wasn't complete, people lost some confidence. Just a little bit of patience and we will all be happy campers.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience.
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quote:Originally posted by bond006: i am thinking what made this stok stop it has so much going for it i would have thought it would be .03 by now. i mean compared to a lot of garbage out there trading for more. i guess you either love or hate it
There is absolotely no mystery. The stock is waiting for hard-number, independently verifiable news: Semco acquisition closed, audit finished showing profits, new contracts.
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posted
State- Beautiful! Will add this from a investors standpoint.1)Audit delay 2)Management doesn't retire/buyback shares 3)High oil prices
I don't know how long everyone here has been investing, but come-on! Seems to me I see mostly "ifs" at this point! Logical investors don't invest on "ifs". I'm not bashing PLNI either BUCK. I'm just being realistic on the current situation and don't want newcomers to be burned. PLNI is being pumped all over the net! "Going to a $1" "Hurry, get in or regret it" Sound familiar? BTW - If you haven't noticed. I don't personally attack anyone. Your entitled to your opinion as I am mine. My limit order stands!
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1) High oil prices will affect future earnings.. you are right...it will make them go up.... reason? Plastic is made from components of oil.. recycled plastic however is not affected by oil, but by the availability of recycled plastic! In fact, if you read page ONE of this thread, you would see that I have already found the cost of recyclyed plastic... from page #1:
..."Some common end uses for recycled HDPE are plastic pipes, lumber, flower pots, trash cans, or formed back into non food application bottles.
Relatively low in value, we purchased HDPE between $.06 and $.15 US per pound in 2001"...
Now I believe that the price of oil going up will improve PLNI's product sales because they are cheaper to mfg than other non-recycled plastic products, and being lighter weight then the STEEL rebar supports, they will be much cheaper to transport because of the high fuel costs associated with moving heavy steel products!
2) Your constant bantering of "my order is set for .0085" is nothing more than pure bashing to get the pps lower to get a better buy in point. It is not anyone here's fault that you did not buy in earlier! I bought in at .0029 and sold it much higher, and then I rebought on the last big drop at .0115! You will be lucky to buy it anywhere near my last buy in point, which I do not believe it will come close to hitting again! Good Luck to you getting in lower, but for you to state that it is going to drop that far with no reasoning behind it is pure garbage!
3) Your statement of the 1.4 BILLION O/S is absolutely correct, there are that many O/S! BUT, you failed to mention that nearly 1 BILLION of those are personally owned and restricted shares of Mr. James Turek! But of course you would have known that if you contacted Mr Turek yourself... my converstion with him and the IR rep is on page 8 of this thread!
4) The statement about retirement/cancellation of shares... it will happen... EVENTUALLY! I don't think that it will happen anytime soon as there is NO need to do so! The need will arise when the stock moves from OTCBB to NASDAQ, and we need to get to the OTC first! What the O/S count indicates to me is that Mr James Turek has a REAL VESTED INTEREST in this company succeeding! I want Mr Turek to become VERY wealthy because, when he does, so do I!
Now, having been on A/S for as long as I have, I can pretty much detect who these reincarnated aliases are, and I have my suspicions on you! You are either one notorious MoMo (or one of his cronies) or you finally found the caps lock key and turned it off!
Keep posting your garbage and half truths without any DD to back them up, and even the newbies will be able to determine your motivations and see you are a failure of a trader!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Cold...I didn't personally attack you...I just spoke the truth.... Here's my opinion...
1. As FOT stated so eloquently, you are bashing when you post a ridiculously low PPS estimate, that you BELIEVE you will be filled at. 2. Your bashing this stock because your pissed off at yourself for buying in at .0178, selling for a loss, (big mistake I believe), and now you are trying to get in cheap. 3. Your bashing skills are pitiful.
Thats only my opinion though... BUCK
quote:Originally posted by cold_up_here: State- Beautiful! Will add this from a investors standpoint.1)Audit delay 2)Management doesn't retire/buyback shares 3)High oil prices
I don't know how long everyone here has been investing, but come-on! Seems to me I see mostly "ifs" at this point! Logical investors don't invest on "ifs". I'm not bashing PLNI either BUCK. I'm just being realistic on the current situation and don't want newcomers to be burned. PLNI is being pumped all over the net! "Going to a $1" "Hurry, get in or regret it" Sound familiar? BTW - If you haven't noticed. I don't personally attack anyone. Your entitled to your opinion as I am mine. My limit order stands!
posted
I have a question for all PLNI fans... (Gamblers)
Why did you buy PLNI in the first place?
Do you truly believe PLNI will hit .10 or much higher? Yes! Then don't worry about the ups and downs, it will reach what you first believe it was going to achieve.
I share the HISC story between some of my co-workers and I.
I first read about HISC on my first trip to Savannah, GA. I did a search for events in Savannah and yahoo had HISC doing testing on the Savannah Port for security test. That's how I learned about HISC the more I read the more I was interested. I bought 1 million shares at an avg of .0065. My two friends did the same. One sold at .04 a few weeks ago. Used that money now he can't come up with enough money or doesn't want to risk getting back in.
The last two days now that he sees HISC coming through with all the hype and product, now he is believing HISC can reach a dime and much further. He has 100,000 shares now. But nowhere near the million he had. He keeps saying I wish I had not sold or rebought when it was at .02.
Needless to say, I got into HISC for keeping my shares for a year wishing and believing it can reach .10 and much more.
I got into PLNI for the same reason... I have over 500,000 shares and if it drops below a penny I will buy more, because I got into PLNI wishing and believing it can reach .25 or more within a year.
SO If you have done your DD and believe in it, it will happen.
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A.B. posted a BUY CONFIRMED yesterday. So today it will be a SELL IF! What a joke! Charts=Stupidity Also, Jim said that the SEMCO deal will be closed by last Friday. OOOpppsss, not another delay! If this continues like I expect it to, then my order will fill sooner rather than later.
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posted
Here is some info that I copied from the RB Board (msg. #4410) Just some info from PLNI. I was told by IR that (and please take this with a grain of salt:
1. SEMCO audit is worked out and will be completed shortly, Could be 1 week to 3 weeks. 2. If I heard it right than SEMCO had about $10M in revenue. I find this to be a lot but possible. 3. PLNI audit will be completed by end of July. No more extensions or other deadlines. It will be done. SEMCO was a factor in the delay and new regulations such as Sarbanes Oxley. 3. I was told by some sales figures but I would rather not write it down here. I would suggest that those who are interested should call Bill Howe. 4. I was also told about profit margins. Again I find that figure unreal. I will not print it. Call them and find out. I don't want to be the one who starts a rumor. 5. Also working on moving over to the AMEX board once OTC is completed. 6. Interest in the product has been tremendous. Also testing a plastic rebar. Not rebar support but REBAR. If testing works out it will take about a year to get it approved, but that will be huge. It will change the industry for sure to an even greater extent than the plastic rebar support.
For those of you want to learn more please call Bill Hove. I do not want to start any rumors here, but if half of what he told me is true, PLNI will rocket.
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No cold that is Not what he said! He said the Due Diligence would be done by Friday and if you had Any business experience you would know they do 2 audits. One internally and one with independant auditors. There has to be a baseline so Plasticon can determine what they will indeed pay for Semco. Would you buy something just on someones word? Then they review both and finalize the merger with yet another audit of the combined companies for listing on the otc.
You can Really stop now as it is tiresome to read your misleading and wranting posts.
LEXINGTON, Ky., June 29, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) today announced that the privately financed acquisition of Semco, Inc. is in its final stages and is near completion.
``This is a very important week in the history of Plasticon International,'' said Jim Turek, President and CEO of Plasticon International. ``This acquisition will add tremendous value to Plasticon, not only in terms of our product synergies but in terms of the direct impact on our bottom line. Our accountants and lawyers are currently taking the final steps to complete the acquisition. We anticipate that the due diligence process will be completed by this Friday. Closing will take place immediately upon completion of Semco's audit, which is imminent.''
Have a great Trading Day and GTLA
-------------------- It will run when you least expect it. :)
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quote:Originally posted by Chopper: No cold that is Not what he said! He said the Due Diligence would be done by Friday and if you had Any business experience you would know they do 2 audits. One internally and one with independant auditors. There has to be a baseline so Plasticon can determine what they will indeed pay for Semco. Would you buy something just on someones word? Then they review both and finalize the merger with yet another audit of the combined companies for listing on the otc.
You can Really stop now as it is tiresome to read your misleading and wranting posts.
LEXINGTON, Ky., June 29, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) today announced that the privately financed acquisition of Semco, Inc. is in its final stages and is near completion.
``This is a very important week in the history of Plasticon International,'' said Jim Turek, President and CEO of Plasticon International. ``This acquisition will add tremendous value to Plasticon, not only in terms of our product synergies but in terms of the direct impact on our bottom line. Our accountants and lawyers are currently taking the final steps to complete the acquisition. We anticipate that the due diligence process will be completed by this Friday. Closing will take place immediately upon completion of Semco's audit, which is imminent.''
Have a great Trading Day and GTLA
Great post chopper... these idiots are trying to sow the seeds of doubt and it is not working... they obviously did not learn to read early in life and it is wreaking havoc now!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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For the sake of PLNI's stock, they better complete thy audit before the 31st and if Jim is serious about Plasticon he would retire/buyback shares with the release of thy audit! I expect none of this to take place by the 31st. Probably the 31st of December not July. When my order fills(which will be shortly) I expect a full blown apology from this board!
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