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Microcap & Penny Stocks : PKGP (Packaging Plus)
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To: Chris Holdsworth who wrote (4248)6/26/1998 1:25:00 PM
From: William B. Hill  Read Replies (1) of 4783
 
Laker 17, sorry you're offended by all the talk of short squeezes but
it appears because of the stalled and fluctuating price of PKGP,
we have a potential squeeze sit. YOU ARE ABSOLUTELY RIGHT about buying
a stock based on fundamentals. And we shouldn't wait around for squeezes. I mention it because with all that's going on lately,
it becomes evident, IMHO, that MM's are holding the price down on
both buying and good news. It would cause one to believe they are
accumulating all they can by keeping the price lower before the
name change forces a 1 for 1 exchange. I cannot come up with a better
senario for what's been going on...can you? Daytraders? I think not.

Anyway, it's good advise at these levels to hold or add pending a
possible squeeze. If it doesn't happen...so what! We are all here
for the fundamentals of a great company...right?

Brettster
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