PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Russ Howard who wrote (2649)	5/29/1998 1:25:00 AM
From: PHILL	Read Replies (1) of 4783

Maybe I am missing something, but lets say they shorted 50% of the float. So tommorow morning they start buying like crazy to cover at 6 cents a share. Who are they buying from if everyone is not selling, seems like the only way they could sell more shares to the short coverers would be to short more stock. Sounds like an exercise in futility until they raise the price high enough to interest someone who actually owns the shares to sell to them, thats the part I like.HEHEHE best to all PHILL

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