PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Shashidev who wrote (2631)	5/28/1998 8:43:00 PM
From: Chris O'Keefe	Read Replies (1) of 4783

My own opinion on the shorting-- A lot of folks talk about June 30 being the big "the shorts have to cover" day. I think that next week, when the PKGP financials are released, there is the possibility of quite a bit of covering. Why? Because from what I've read on these threads, the MMs are waiting for PKGP to go broke. If the 10Q tells a story that basically says, "We ain't going broke! Look at these numbers--see for yourself," that's when MMs might wake up. You'd think that some of these other PRs (the name change and the tie with ICC) would have 'woken them up' already but apparently not... JMO, Chris

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