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


To: Steve Casey who wrote (1132)5/12/1998 2:25:00 PM
From: PitBull  Read Replies (1) | Respond to of 4783
 
Don't the companies themselves, hire the MM's in trading the stocks?
That was the impression I got on the OTC web site.



To: Steve Casey who wrote (1132)5/12/1998 2:28:00 PM
From: Zbyte  Respond to of 4783
 
Sorry Steve for the mole, it was just a funny thought that came to mind when all of the sudden you popped up on the board with so much as a matter of fact info... I didn't mean to hurt your feelings.. But this has been a buying only stock almost... There have been very few sales...



To: Steve Casey who wrote (1132)5/12/1998 2:29:00 PM
From: PitBull  Read Replies (1) | Respond to of 4783
 
Look at the one day big chart of PKGP on yahoo, see how even those up and down lines are? Doesn't that clearly indicate the buy at the higher price, the sell at the lower price, back & forth, back & forth, with no price movement? The MM's control the bid and ask, period. And if they are allowing shorts to get out, they can effectively do it this way, don't you think?