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Just a reminder of what I liked about PLNI. Please look at the previous post as to why The Green Baron Likes this stock. GLTA and have a Great Trading Day!
Plasticon International, Inc. of Lexington, KY 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, and its 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, both its transportation signage and rebar support systems have received DOT approval in all 50 states.
Plasticon is the sole owner of an exclusive patented design of rebar support systems. Rebar supports are used to ensure the proper height placement of rebar horizontally and vertically in concrete. If the proper height is not achieved as specified by engineering, the concrete will not achieve its structural strength. Virtually all concrete construction requires rebar and rebar supports.
The rebar support market for US bridge reconstruction alone is $600 million annually, and the total U.S. market exceeds $1 billion. A partnership originally established with Georgia-Pacific’s building products distribution unit (now BlueLinx Corp. through an acquisition), provides a major market advantage for Plasticon as well as a competitive marketing position for BlueLinx. Plasticon has received tremendous response from projects using its rebar supports, and has plans to supply all 63 warehouse distribution points for BlueLinx in the United States.
Note: BlueLinx is a Fortune 500 company and distributes more than 10,000 building products in 14 categories from more than 1,600 supplier companies to customers nationwide. BlueLinx has a multi-year agreement to purchase structural panels, lumber and other building products manufactured by Georgia-Pacific and will be the exclusive distributor for select Georgia-Pacific-branded products.
A unique feature of all Plasticon 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 Plasticon is considered a “green company”. Plasticon’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.
Plasticon’s patented products are recognized as the “Cadillac” in the industry and are without serious competition. PLNI products have been chosen for such showcase structures as Cleveland Stadium, The Rock-N-Roll Hall of Fame, Tampa Convention Center, Toronto Sky Dome, Chattanooga Aquarium, Disney Orlando, Wright Patterson Air Force Base, Tiffany Street Pier, and many others.
Plasticon rebar supports are constructed from strong, flexible, dielectric, non corrosive, recycled and engineered plastic materials. These concrete products do not rust, do not absorb water, and avoid the chloride ion attack. The slab and beam bolster products can be snapped together easily, saving labor and material expenses.
-------------------- It will run when you least expect it. :)
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.017 has been broken on pre market, this baby is going to .025 today. Congrats on those that reloaded with more on Friday when it went to .01 Yeah, baby. 772K of shares ...
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no way we are hitting .025....I think we are going to close a few days around this area.... .0155-.017 build support and then move up slowly next week...
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quote:Originally posted by $Keith$: no way we are hitting .025....I think we are going to close a few days around this area.... .0155-.017 build support and then move up slowly next week...
Keith
what are your predictions for HISC and WFTV this week??? Time to load again or going down a little???
what are your predictions for HISC and WFTV this week??? Time to load again or going down a little???
Thanks
I have not been watching those that closely, but WFTV, looks to me that the last time it ran up to .04 a couple of months ago, was the work of a group pick or something, it ran straight up and straight down within a week...IMO...but it looks to be starting a bottom reversal and may make a move back up.
HISC is a bit pricey to me, but I have not dd there finacials and seen worth for there PPS to be .03 I think PLNI should be at that price already...
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I predict that as we approach .02 we will probably *enjoy* the company of some desperate bashers, hoping to cover shorts or trying to accumulate... what a run...almost there...cmon baby, hit the .02 !!
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hold on this company.... lots of good news ahead... those thinking of bailing out soon... remember what Jim Turek said in the webcast today..stay with this company,in 12-15 months and you will be rewarded $$$$$$$$$$$$$$$$$$$$$$$$$$$$$
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quote:Originally posted by Runamuck: I want it to dump back down so I can get more shares
don't think so, you miss your turn last week... the lowest I see this dropping now might be .015 no less than that, unless they dilute share or take a loan. Other than that we are headed to a dime. Good Luck...
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