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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: TraderGreg who wrote (4227)6/26/1998 11:48:00 AM
From: Chris Holdsworth  Read Replies (4) of 4783
 
1) Are the PKGP shares going to be tradeable after the 1st? If not how does a PKGP shorter even cover during his 3 day or 30 day extension? Wouldn't PKGP shares have to be tradeable after the 1st in order for someone to sell them to a shorter so he/she can cover?

2) Does anyone have any idea as to how long it would take for the TA to call in all the shares and reissue the new ones? Would trading be halted, frozen, or just impaired during this time?

Long... Thanks in advance
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