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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: sean who wrote (13412)	5/17/1999 10:02:00 AM
From: InAndOut	Read Replies (1) \| Respond to of 15987

Sean, PLTK - I like this one also, trying to get in now. I read some interesting things about it this weekend....insider buying last week, expecting news this week....I got the following from Raging Bull: I am new to raging bull today and noticed there is a board for PLTK and no Posts, so i thought i would start with the DD i have gathered over the last few months on this unknown company. Here is what i found and next week i am awaiting a public news release from the company. Over the past year PLTK has been in R&D. PLTK has been developing a way to recycle plastics. Now it seems the company has come up with a cleaner, faster way of recycling. Also the process produces a higher quality plastic then the conventional method. Contracts: Three major contracts are due next week. These contracts will be very lucrative. (Heard they are Multi - Million dollar contracts) Also heard one contract will be with DuPont! I have researched this company for the last two months. Now the company finally has plans to make the announcements since the contracts have been finalized. Last week there was major buying in PLTK. (to be exact a 1000% increase in Share price) Who was buying? If I had to guess i would say "Insiders were buying in anticipation of the huge news." The public float of PLTK is Approx: 3 million shares. This float should dry up very fast given the price of the stock then I feel we will see a extraordinary run up in the share price next week. I do not like to give Targets but I feel safe saying .75 cents in the next two weeks isn't unreasonable for PLTK. Good Luck, Bobby