PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Wazzy98 who wrote (3198)	6/6/1998 7:29:00 PM
From: Egolpi	Read Replies (1) of 4783

Wazzy, I'm sure you are right about a lot of people selling. Many daytraders come into a promising stock, then leave if they don't realize the quick 100% or more they want to sell at. So you have people coming in and out trying to time a big day gain. I'd like to believe that MMs are out there looking for shares, but I see no desperation in the price moves. Perhaps that will reveal itself late in the month, as you say, provided weak hands don't sell out of frustration. At this point I would think any disheartening news, or even a week with no news, will push them into panic and we will see lower values (buying opportunities, IMO). Egolpi

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