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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Fred Thornell who wrote (3013)6/4/1998 10:11:00 PM
From: T.Bill  Read Replies (2) of 4783
 
Exactly what does "financing was not an issue" mean!!
That's about the umpteenth time I've heard that something "is not an issue". Jim from Topdog used it a couple of times too, including in relation to the convertibles. Where is he now?

Bottom line: financing and convertibles are big issues until they are 100% resolved and that Fact is reported to the shareholders!

Don't get me wrong, I'm long on this stock, but I won't be led blindly to the slaughter. For now I'm satisfied with the upside being so much more significant than the downside, so I'm willing to gamble. BUT, near-term news on these issues is essential for a longer term hold.

T.Bill
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