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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: TraderGreg who wrote (4319)6/27/1998 5:33:00 PM
From: Doug Bean  Read Replies (1) of 4783
 
Trader:
Thanks,,, At last a breath of common sense!
There are not 100,000,000 shares ... Thats probably just a silly rumor that a short/MM started to see if ANYONE would possibly buy it.
the next thing is that someone picks it up ,, and everyone buys into it and want to dump their stock...
Geez louise,,, people , did you come this far, hold your stock this long ,, just to be shaken out a day or two before we find out for sure if there are short positions???
Lets wait and see what happens in the 3 or 4 days after the conversion. The last thing you should do is dump your shares now geez, i can't believe it,, all that brave talk about holding on no matter what the MMs do ,,, and then the first thing they do, we have people bolting for the exits.
I don't like the look of this ICC deal but lets see what it is before we panic. You can do as you like.. Its your stock ,, but what are you trying to save?? A FEW cents? so what? what have you got in the stock a couple of thousand. Man o Man its not like you are losing a bunch.. but you would be passing up a chance to make a bunch.
I'd say this .. if you sell and this is all the guts you have... stay out of the stock market,, its not your strong suit. Geez,, it makes me sick to read some of the panic in some of the posts.. Go buy a bond and have a good life .
AS FOR ME !!! i ain't going nowhere till the end of this deal .
I said I wouldn't and I won't.
CRDoug
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