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

To: Mr Metals who wrote (1787)	5/17/1998 10:08:00 AM
From: John S. Baker	Respond to of 4783

> You must have mental telepathy because that's been on my mind for a few days now:-) < And for you, Sir, I rarely quibble with either the details or the tenor of your postings. I am "mired in a very small, long position" in PKGP, due to a screwup during a momentum play. My fault; no whining here <grin>. But in the process I learned a lot more about floorless convertibles (and now screen for this as part of my DD process). Now I can't get out, 'cuz the commissions would come to more than the proceeds from the sale. I had just resigned myself to holding this sliver of stock forever, or until the company went broke. Checked in every once in a while to see if it is still breathing. Discovered some possibility of improvement, so I am watching the developments. If he (R Altomare) does succeed in pulling this off, as speculated, my hat will be off to him. I have a limit order to sell at 1 1/16. Have a great week! JSb