PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: steve whitman who wrote (2213)	5/19/1998 5:53:00 PM
From: Jim B	Read Replies (1) of 4783

after all .. didn't GLOW go from 8cents to 61cents recently and has stabilized at 40cents.. with a big contract coming... well, my point is that these stocks can really move.. and GLOW has about 50million shares authorized with little or NO short position as far as I know... and I own that stock... so with a huge short position and rumored acquisitions in the works for PKGP along with a possibly rev. merger w/ skynet.. why would I sell this one?? unless to lock in "some" profits... but other than that.. just don't see the point ... some may gamble and sell PKGP now hoping no news comes out and the stock moves back down to 6 or 7 or 8 cents and then buy back in... that's fine... do what you will... I can't blame anyone for hoping to sell this one high, and by back twice as much lower and then hold for the big announcements... just be careful and do what is best for you all as this is (until we hear news) still a speculative play.. but it's been good to us thus far :) jim

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