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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: TraderGreg who wrote (4353)6/28/1998 2:03:00 AM
From: Chris Holdsworth  Read Replies (1) of 4783
 
Thanks TG... It's good to see others out there who are analyzing the situation and using some common sense... The biggest thing that people need to remember is the difference between fact and rumor. Every major move a company makes (splits, additional shares, etc.etc.) leaves a paper trail...This paper trail is a fact... I see no such trail indicating 100,000,000 shares or a reverse split at this time... I also find it hard to believe that as tight lipped as some say PKGP and ICC are that people are finding out all this inside info about share counts and reverse splits...

One rumor feeds off of another...

Well if rumor A is true then rumor B must be true too... Someone starts the rumor about 100 million shares, then someone else starts a rumor about the reverse split because 100 million shares is too much.
It just grows and grows...

My advice to all... Stick to the facts...

If someone can provide me with concrete evidence of 100 million shares or a planned reverse split I'm listening... I sincerely doubt there is any though...

Good luck to you all...
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