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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?


To: michael hindle who wrote (187)3/18/1998 12:01:00 AM
From: R. Dennis Jones Jr.  Respond to of 4783
 
Tomorrow's AM Gap
Close today was .115 with Ask of .12. I think that the gap tomorrow will probably be around .125 or .13. I don't think that it will gap much more than that, if at all higher. I also wouldn't be surprised to see it push .16 tomorrow before falling back. I think the most important and telling thing about tomorrow will be where it ends up. In other words, we could see the base set tomorrow at around .12. The reason that I see this as the most important is that if in fact the debentures get resolved, then a base of .12 is much better than a base of .07 like it was last week. Just think if PKGP had been at .12 last night. Then the story that we all know played out today unfolded under those circumstances, we would probably be sitting around .14 or so right now waiting on the debenture news.
Hopefully tomorrow will bring a smoother ride than today. Well, I'm not real sure how much more bumpy it could get.
Take Care everyone and lets all make some money.

Dennis



To: michael hindle who wrote (187)3/18/1998 12:03:00 AM
From: Kincheloe  Read Replies (1) | Respond to of 4783
 
Good news about the debunture issue is supposed to be released this week from what I can tell. If this news is a posative it should mean for good things to come imo.

Regards

Mark