PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Chris O'Keefe who wrote (2863)	6/3/1998 11:15:00 AM
From: Chris O'Keefe	Read Replies (1) of 4783

My prediction for a close above .15 is looking a little dumb now as my real-time shows .072 x .073. I thought PKGP would be flying by now, but I guess I'll have to show some patience. For me, I think this latest news changes the whole perception of PKGP entirely. The risk of this stock has been lessened considerably. Throw in the element of how MMs were hoping upon hope to see PKGP go bankrupt so they didn't have to cover shorts, and you've got a very, very attractive stock in my opinion (i.e., MMs may be covering sooner--anyone remember the .062 to .074 jump that happened just like that when a million shares were traded after the bell. We all assumed it was an MM covering.) Maybe I'm just crazy but this appears to be a bargain at .073/share.

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