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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: FARcom who wrote (1184)5/13/1998 12:28:00 AM
From: TraderGreg   of 4783
 
1. If you had no stock in this company, would you buy it now?

At a nickel? Sure.

2. Do you have to own a certificate when name changes? Besides to kill the shorts, that is. I didn't think so but ALMOST sounds like that's what's being said. Is it?

No. The TA and your brokerage coordinate the exchange and replacement with new shares. The name/symbol change automatically calls all certs in to the TA, and shorters will have to cover.

TG
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