posted
I called Bill Howe this afternoon.... He indicated that he was swamped with investors calls in regard to the PR... or lack thereof!
He indicated that the website was due for release, but was delayed to clean up some minor details. The PR that was pulled from the new Website will actually be released on THURSDAY... I asked about a PR / Update on the website launch, and he indicated that when it is complete, it will be launched. May or May Not be a PR associated with it!
With this info, I am guessing that we see some profit taking, Daytrader bailout, and a dip tomorrow back to the mid to high 50's. As fun and exhilirating as these big fast runs are to watch and be involved in, I'd much rather like to see a slow steady climb upward!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
FOT are you still in, I am confused by your post on QBID, it sounds like you sold out today.
In any case still holding here and actually bought more today
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I also talked with Plasticon today as FOT did And I was told almost word for word the same things he was told. I spoke with Bill Howe. So here is the scoop on the float and some other good tidbits that I have learned by talking to the people at Plasticon today. There is 2 bill authorized shares, 1.4 billion float. 73% of that is Insider Owned (restricted). So how may shares could Jim Turek retire? The market cap @ .003 is about half times earnings which makes this stock way under value. The company is not funding operations by the selling of shares to raise capital! There is no Carry forward Debt. Companies always have carry forward losses (which is a good tax write off), but I was told this would be minimal. The new distribution partner Blue Linx has 64 locations and sells between $300-400,000 per turn of the inventory product line from Plasticon. Now the majority of the centers are turning the product 4-7 times a year. The company stated that they had for example one center in Florida that had turned the entire inventory in 5 weeks. I did not get the location as FOT had gotten though. Hmmmm, now lets see what we get by doing a little OLD school math Chopper style and I am a little more aggressive than FOT. And this is IMO only as Well! If we have 64 centers turning the low end of dollars or $300,000 per turn and we say they only turn the product 4 times a year (again the low end of the spectrum) we get 64 X $300,000 X 4 turns or 76.8 million in revenue. Plastic products traditionally have a nice profit margin of about 26% for raw virgin plastics and about 34% for recycled plastics. So lets use the bottom end again 76.8 mil X 26% = $19,968,000 Profit for the year at Current shipping levels here in the US. Oh and I forgot the International Markets which I have no clue until their one year reporting is complete and Finished (THIS Month to move to the OTC Immediately). But lets just say Half of the total revenue for the US distribution or $38,400,000 X 26% again = 9,984,000 or a grand total of $29,952,000 for profit this year on the LOW end of the Scale. Now do you really think this company needs to have a RS? I think not! And what is this puppy really worth? IMO (.10) Right this very minute, and if the sales beat the projections; Look Out it's going WAY higher than that! Now can we go to the Big boards after that? You bet in ONE year after they make it to the OTC to meet the listing requirements by then the sales will have doubled (again at the low end of the scale) and this stock will see prices in the $5-$10 range in as little as 18 months. Once again in my opinion. Now on another subject: The web site was not supposed to be up and running till later this week and the PR that was INCOMPETE was placed on the web site by accident as they were just cutting and pasting it to the sight and it was mistakenly uploaded, OOOPS. The Real thing will be released this Thursday. Wahooo They are going to be listed with the Thomas registry and post it on their new website and they are also posting the business plan and much, much more great information on the site. FOT as usual you do great DD and I am sorry I could not ad much more to your current DD. But IMO this is a wonderful buy at these prices today and will continue to gain value greatly over the coming months. Do your own DD and figure out if it's the buy of a life time.
Chow and GLTA Chopper
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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PLNI - PLASTICON INTL INC (OTC) Date Open High Low Last Change Volume % Change 05/10/05 0.0048 0.0090 0.0047 0.0072 +0.0026 167586906 +56.52%
Composite Indicator -- Signal -- -- Strength -- -- Direction -- Trend Spotter (TM) Hold Steady
Short Term Indicators 7 Day Average Directional Indicator Buy Maximum Strongest 10 - 8 Day Moving Average Hilo Channel Buy Maximum Strongest 20 Day Moving Average vs Price Buy Maximum Strongest 20 - 50 Day MACD Oscillator Buy Weak Strongest 20 Day Bollinger Bands Buy Maximum Strongest
Short Term Indicators Average: 100% - Buy
Medium Term Indicators 40 Day Commodity Channel Index Buy Maximum Strongest 50 Day Moving Average vs Price Buy Maximum Strongest 20 - 100 Day MACD Oscillator Buy Minimum Strongest 50 Day Parabolic Time/Price Buy Maximum Strongest
Medium Term Indicators Average: 100% - Buy
Long Term Indicators 60 Day Commodity Channel Index Buy Maximum Strongest 100 Day Moving Average vs Price Buy Maximum Strongest 50 - 100 Day MACD Oscillator Buy Minimum Strongest
Long Term Indicators Average: 100% - Buy
Overall Average: 96% - Buy
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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As I mentioned on the QBID board I have been watching this one as an observer from the time they were Wickland Holdings through the name change etc...
My former boss bought some when it was still Wickland at 4 cents a share and I have been watching it ever since.
I woulda could shoulda bought in while this thing was stagnant at .002 since I had been watching it for so long, but I guess subconsiously I wanted it to go to zero since I am not the biggest fan of my boss who bought in way back when.
But good luck and congrats to all who got in for the ride!!!
Posts: 119 | From: Attleboro,MA USA | Registered: Nov 2004
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quote:Originally posted by Runamuck: Chopper gets 5 stars!!
Hilander you might have to name your first kid Plasticon..
Yeah, I know. I mentioned it to the old lady. Now she has two things to be mad at me about. The other day I went and bought a chicken (she said I didn't have the guts to actually sacrifice a chicken) and now I am stuck with it for the week. I got the stupid thing running around my backyard. I guess that's what I get for trying to call her bluff. I'm taking it to my buddy's farm on Sat so it's only short term though.
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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-------------------- "The Americans will always do the right thing... After they've exhausted all the alternatives." - Winston Churchill Posts: 428 | From: indiana | Registered: Apr 2005
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posted
I'm still in for 3 million. If we go up the same % tomorrow, we'll hit a penny.
I little bird told me we'll break a penny tomorrow, and break 2 by Thursday.... It was in a dream I had during a nap. He did crap on my head right after, but I didn't seem to care.
Kevin
Posts: 809 | From: NYC | Registered: Feb 2005
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posted
If I were a rich man, Ya ha deedle deedle, bubba bubba deedle deedle dum. All day long I'd biddy biddy bum. If I were a wealthy man. I wouldn't have to work hard. Ya ha deedle deedle, bubba bubba deedle deedle dum. If I were a biddy biddy rich, Yidle-diddle-didle-didle man.
Posts: 809 | From: NYC | Registered: Feb 2005
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quote:Originally posted by Kevin from NYC: If I were a rich man, Ya ha deedle deedle, bubba bubba deedle deedle dum. All day long I'd biddy biddy bum. If I were a wealthy man. I wouldn't have to work hard. Ya ha deedle deedle, bubba bubba deedle deedle dum. If I were a biddy biddy rich, Yidle-diddle-didle-didle man.
Just plain awesome man!!!!!!
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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posted
When the 50DMA crosses the 200DMA how many more will get in???http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb9!La12,26,9]&pref=G
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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quote:Originally posted by Doctoall: FOT are you still in, I am confused by your post on QBID, it sounds like you sold out today.
In any case still holding here and actually bought more today
Doc...
I am still with you... I originally sold some to cover my initial investment, and I freed up some other monies toward eod so I will have some extra cash to load up some more... My instincts are still telling me that we may see a dip back to the 50's somewhere since the pr is not coming out til Thursday.. at which point I will be hitting that buy button real quick!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by Doctoall: FOT are you still in, I am confused by your post on QBID, it sounds like you sold out today.
In any case still holding here and actually bought more today
Doc...
I am still with you... I originally sold some to cover my initial investment, and I freed up some other monies toward eod so I will have some extra cash to load up some more... My instincts are still telling me that we may see a dip back to the 50's somewhere since the pr is not coming out til Thursday.. at which point I will be hitting that buy button real quick!
You are to dammed smart , yep I am going to pick-up more if it drops back to the 50's. I am so glad that I held on to my previous shares after the last run, bring on the bank.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Murnak: It was a lot nicer when it was just you and I on this thread . Oh well I guess we needed the others to get it running.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Rochester, NY, May 10, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com's "Stock Watch Alert" this morning are Tubac Holdings, Inc. (Pink Sheets: TBAH), Ocean Resources, Inc. (OTCBB: OCRI), Biophan Technologies, Inc. (OTCBB: BIPH), Plasticon Intl Inc. (Pink Sheets: PLNI).
Plasticon Intl Inc. designs, produces, and distributes high-quality concrete accessories, transportation signage, lumber, and office supplies which are all produced from recycled and recyclable plastics.
The Company has been in the recycled plastics business for 10 years. The Company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval in all 50 states.
Specifically, the Company offers for resale: Rebar supports Plastic lumber Plastic signage (i.e.; highway and state signs) Office products including file folders and binders Impermeable concrete-like products made from recycled glass. A unique feature of all products is that they are of the highest quality, yet do not require virgin raw material. Using recycled materials significantly reduces the cost of manufacturing thus; the Company is considered a "green company." The Company's use of environmental waste as raw material in the production of new and innovative products will continue to reduce waste since the new products are themselves, recyclable.
The Company's primary products (80% of revenue) are concrete accessories and until now the company has focused on the development of necessary molds and patents and obtaining approval in each of the fifty states for the use of these concrete products
-------------------- Bank It.... Posts: 939 | From: hampton,va. 23666 | Registered: Oct 2004
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posted
I was so busy buying and selling yesterday--I had no time to post and say Thanks..Great DD Once again FOT--you are the man. AKOL was great for me also. Bought and Sold PLNI twice yesterday. Great Gains.
I agree that it overbought now. I am completely out now. It will probably gap up and then take a nice re-adjustment dip. I will be ready..
Thanks again..
FYI--Bottom Feeders--Keep an eye on SBWL for a Daytrade Bottom Bounce--I am looking to get in at the .0018 area. TNOG for a Bounce off the last run to .025--lots of big buys went thru at the .0148-.015 level. I jumped back in DNAP at .0145 yesterday when the MM's took it down--might be some nice action today...
-------------------- DIANA Posts: 4447 | From: USA | Registered: Jan 2004
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posted
Hate to be redundant, but I loved this part of the Green Baron Report!
"We believe much of the initial resistance has now been absorbed, and PLNI is ready to make a huge leap higher in price. Once PLNI breaks out above .0055 per share, there may be little resistance. Our fundamental analysis calls for valuation TODAY of between .03 and .05 per share. We expect sharp moves in PLNI, and the stock appears to be in the beginning stages of an uptrend. We expect fundamentally solid press releases to support what we believe is a Company with a very predictable future."
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Looks like the dip is over and back up it is going.. .bid is thick and the ask is very thin... I bought a little more at 75!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Looks to be holding well in the .0075's. I would say this thing could get recharged for a little while and then see what happens in about two hours. She might just run again. Glenn
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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