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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion

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To: Rainy_Day_Woman who wrote (578)9/16/1999 1:20:00 PM
From: CSage  Read Replies (1) of 716
 
PFCK Update

Sources at PFCK tell us that the shorts have not covered. The shorting is
actually coming from an MM, PAMS. Their intent at this point is to
continue the shorting to try and kill the momentum. Sources at PFCK feel
that they will give up if upside buying pressure continues nearing the
close and they will have to start covering.

TCW recommendation- holdem for more news shortly and/or accumulate while
the MM is shorting. If the buying pressure does keep up we should see a
nice pop when the MM covers.

Good Luck
TCW
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