Plasticon International, Inc. (fka PLNIQ)

[Sekrah]

trub.. Basic rule of Ben Graham/Warren Buffet investing. When you analyze a company before you buy shares in, you have to look at it from that point of view and ask yourself the hypothetical question:

If you had $10 million dollars in the bank, would you spend $3 million to take this company of Turek and shareholders hands, knowing that you'll instantly be saddled with a $4.5m net tangible asset deficit and knowing that the company lost $50.9 million the previous 7 quarters?

If you got $10m in the bank, doesn't this seem like a pretty risky investment??

If you would make that investment, then you believe its undervalued.. If you think that investment is extremely poor, then you think the stock is overvalued.

I think the stock is VERY overvalued.