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DTL

Followers 101
Posts 7530
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Alias Born 05/12/2005

DTL

Re: jim stop loss post# 10961

Wednesday, 05/24/2006 11:29:15 AM

Wednesday, May 24, 2006 11:29:15 AM

Post# of 33332
Jim, 9 months into PLNI. I have 3MM shares averaged in at .007. I am holding as you suggested if you were long. Just waiting to see what happens and will hold as long as it takes to make a buck or three. I think they will ultimately be successful but funding will be or is possibly a current issue. They've announced a buyback numerous times and it should be interesting to see how they pull it off. If PLNI comes together it will obviously be a lesson in financial management for publically traded pinksheet startups. They must have something up their sleeve that nobody on these boards has a clue of or experience with. They are either confident of pulling this off or they are preying the Safe Harbor Laws work in their favor later on. Though I would doubt that Pro-mold and Semco founders would sell "their babies" that they built from scratch to a company that was going to run them into the ground. My gut tells me that "more is going on here than meets the eye" vs technical analysis of the financials and/or PPS.
If traders/investors needed their seed money back quickly for mandatory reasons on this stock then one; it is not the market for them to be in and two; it should definitely not be with PLNI. Plasticon's statements of "soons" means months and their "very soon" is at least a month in my opinion.. This maybe a channel stock for the experienced as you seem to be but not for a newbie like me. My opinion is this will take a lot of patience and though I have my emotional days; I try to leave them out of the overall PLNI picture for my own good.
Thanks for all your help in translating the finanicials, par value, etc and it is good to have you back!

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