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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: lockhouse who wrote (1691)	11/13/2005 1:59:49 PM
From: rrm_bcnu	Read Replies (2) \| Respond to of 8122

There seems to be a general concensus that .05-.10 is the target. I'm uncertain where that came from. Based on Fibonacci expansions I believe the initial target for the run should be in the .0255 - .0325 region, a 50% retracement, and a bounce to .02... .02 has been heavy resistance and should form strong support for any run. Having said that, the news will be the driver of the run. If it is exceptional news the Fib expansion numbers may double or triple. At double the target we see the .051 - .065, and at triple .0765-.0975... that could be how the range was estimated... not sure. Long term, after you go green, this is one to hold on to. And depending on the restructuring news you may want to hold on to all your shares for a while and not sell into the run... a lot of variables to consider. As always.. your money, your call... rrm