PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: GENO who wrote (2901)	6/3/1998 1:08:00 PM
From: Chris O'Keefe	Read Replies (1) of 4783

What will happen when the shorts put small buys in at .10 to .14 cents and the holders will sell at those prices ? The reason there is excitement about the PKGP-shorts-have-to-cover speculation is that there is no such thing as "the shorts put small buys in". If there are tens of millions of shares shorted, the MMs will have to make moves in big fashion. The theory is that these Big Buys will translate to a big price increase. If everyone sells at the same rate they are buying, then, yes, the price won't move much. But again, the speculation is that the MM buying (to cover) will be like a tidal wave.

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