posted
Now why would they give it a stock on the rise 5 times in the last 6 days? Do they know something we don't?
Any opinions? How realiable are they?
Read Below:
WallStreetGrapevine: "Stocks on the Rise"
Wall Street, NYC, Jul 25, 2005 (M2 PRESSWIRE via COMTEX) -- Today, wallstreetgrapevine.com, named; Plasticon International Inc. (Pink Sheets: PLNI), Payment Data Systems Inc. (OTC BB: PYDS), Digital Recorders Inc. (Nasdaq SC: TBUS), and Datawatch Corp. (Nasdaq SC: DWCH); their "Stocks on the Rise." Plasticon International Inc. (Pink Sheets: PLNI, http://www.marketwatch.com/tools/quotes/quotes.asp?symb=plni)
Enables Major Increase in Rate of Projected Growth
Plasticon International Inc. announced that the company has contracted with five new sources of recycled plastic resins. The new resin supply would provide enough recycled plastic resins to fulfill Plasticon's projected orders for the next 10 years.
"The sheer abundance of recycled plastic is one of the most attractive qualities of our sector," said Jim Turek, President and CEO of Plasticon International. "With five new sources of resins, which allow us to fulfill our orders over the next decade, we can now focus more on our sales and marketing efforts. We can also assure our distributor, which is the largest building materials distribution company in the United States, that we have enough raw materials to fulfill all of their orders." Mr. Turek noted that the increase in recycled plastic resins was mainly due to recycled plastic from landfills. "Our suppliers are now looking at the plastic in landfills as a major source of resin. The nice thing about working in our sector is that there are POSITIVE side effects to our business, rather than the traditional negative side effects with many industrial businesses. We not only provide value to our customers and our shareholders. We also indirectly perform a public service by helping to recycle plastic materials that are found in landfills across the United States. Being environmentally-friendly is very important to us - we have been a green company since our founding. I think that people are finally beginning to understand that being environmentally-friendly is not only the right thing to do; it also makes good business sense because unlike many natural resources, the materials are incredibly abundant." For more information, please visit Plasticon International online at www.plasticonintl.com.
A "piggyback qualified" security is one that meets the frequency-of-quotation requirement described in SEC Rule 15c2-11(f)(3). The frequency-of-quotation test or "piggyback" exception is based on whether a broker/dealer has itself published quotations in the security in the applicable interdealer quotation system on at least 12 business days during the preceding 30 calendar days, with not more than four consecutive business days without quotations. Once this criteria has been satisfied, authorized participants may register on-line in a security. As long as the security remains piggyback qualified, any participant may quote the security without a Form 211 submission.
Also, it is delayed 15 mins (so its not realtime) but it's still free and we thank you for sharing!
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....
IP: Logged |
posted
Have any of you guys that have been talking to Jim and Bill, gotten any indication or hints about the audit's completion? Was just curious if this spike is due to anticipation, or if something positive got leaked?
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
