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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: betty blank who wrote (4421)6/28/1998 2:55:00 PM
From: Zbyte  Read Replies (1) of 4783
 
"I was very amazed with the way the volume was holding up over this period of time. I called my broker and asked for him to explain why this volume is reacting like this with barely no movement in price. He said it could be all the informed people who know the real deal is dumping while the less educated people buy their shares."
barbra

If your broker had been watching the volume changing as fast as it was, he would have noticed 100's of thousands of share being bought in a row with no change in the price...ÿ Then a 4000 share sell would drop the price from .059 to .057 Hmmm what does it mean surely it was mistake you say, but then more buying at .057...ÿ Then with very little volume the price starts to rise an almost per trade raise... Now you say it is good we are now on line...ÿ But then on a small buy near the top of the run the price drops and continues to drop on buys and then some sells come in once in a while...ÿ Have him explain that...ÿI beleive that practice is called price Domination a market makers game... Highly ilegal... Jeff
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