Management might have a hit a few pot holes on the road to recovery, but I think we've seen the low at 16.5cents (wont go anywhere near 10cents unless Greece Defaults - and even then I still doubt it). As I see it there is only upside risk from here onwards.
Resistance at 25cents, then in the medium term 40cents (so long as the global marco environment becomes a little rosier).
The market is bottoming and PLA has been dealing with a number of issues - which I for one hope are almost over.
There is plenty of market support for PLA and there's plenty in the pipeline.
mmmmgus
PLA Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
