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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: KENNETH DOAN who wrote (3360)6/9/1998 9:05:00 AM
From: John S. Baker  Read Replies (1) of 4783
 
> if there are only 10 mil floating, how is it that all of us holding 12 mil?? <


To the extent that our ongoing shareholder count is accurate, your statement above would indicate that there have indeed been shares artificially created by naked shorting. And since each and every holder of those 12 mil is going to hold onto all of his shares for at least a month (right?), somebody is going to be scrambling to cover the deficit.


At least that's the game plan.


Doggerel (Non-original):


He who sells what isn't his'n
Soon finds his butt in the nearest prison
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