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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Loren S. who wrote (3391)6/10/1998 2:51:00 AM
From: Scott J. Beckman  Read Replies (1) of 4783
 
Loren,
I agree with you 100%. I was in a very similar stock before and the MM's were doing pretty much the same thing. They ended it with a head fake (dropping the price a couple of cents) a day or two before it took off. It was (and still is) a good MM tactic to shake out as many of the weaker hands as they can before the price moves up.

Long and strong.
sjb
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