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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board)
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From: rrm_bcnu2/10/2006 11:11:11 AM
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Special Update

Plasticon International (PK: PLNI)

The Green Baron Report simply wanted to let our members know that we still think Plasticon will be a success, and that PLNI stock is likely nearing another short-term bottom. The last time we felt PLNI was ripe for accumulation at the end of December, the stock rallied from .0039 to .0109 in about three weeks. Although we believe PLNI could continue to churn around at prices near today’s close of .0057 per share for another week or two, we think the “mother of all moves up” is still in front of us.

We have faith in CEO Jim Turek and his smart acquisitions of Pro Mold and Semco Manufacturing for Plasticon. However, the Company’s failure to produce a completed audit in January has sent the shares down from recent highs and put doubt whether it will even come. Shareholders ought to rejoice if the delay is short and the audit can be completed in February. A signed audit would likely generate a domino effect of positive developments. Our suggestion is to hang tough.
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