FYI: Regarding PLNI. ...Considerable and substantial News is expected in the near term by all us Plasticon "..collectors..". There is the added impact of what appears to be a hellaciously large Naked Short out there = potential squeeze. NITE, SCHB and VFIN have been swapping spit on this one for weeks. DOMS and ETRD have recently moved in, in what actually appeared to be PPS supportive moves. pinksheets.com
SHO list please: investorshub.com PLNI has had 373 Million shares naked shorted since Jan05, not including this month. As one would suspect, the naked shorting began heavily during the run in May. May – 79M shares at an average PPS of $0.009 June – 49M @ $0.015 July – 35M @ $0.015 Aug. – 33M @ $0.015 Sep – 33M @ $0.013 Oct – 36M @ $0.01 Nov – 74M @ $0.007 My source is buyins.net The site offers the monthly naked short figures on 10 stocks per month for $10. It looks to be legitimate information… "ACCESS THE SQUEEZETRIGGER (TM) PRICE ON 15,000 US STOCKS Our SqueezeTrigger database of nearly 300,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data"
I tried to buy another 1/2MM shares at 0.0038 yesterday and the MFMMMs wouldn't give it up. The folks at the HQ are anticipating $0.05 (..a 12.5-Bagger..) and the recent highs have been around 0.018+/-. Might be worth a pocketful of Casino Money to see the "..flop, the turn, and the river.." cards.
PLNI is the subject of a mass bash on several systems, and the same old aliases or re-runs thereof show up in each case. Seems to me that someone Short has a lot to loose.
DYODD, but don't dawdle. Tomorrow may be the end of the "..super-cheapie-shares.." SALE.
John :-)
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