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


To: Jim B who wrote (2110)5/19/1998 11:23:00 AM
From: Elio Madama  Read Replies (1) | Respond to of 4783
 
Jim,

No News because they don't have any.
They had 10 days BAN to release NEWS one by one. What we had, one PR about changing names, that's all.

My theory: They have problems with financing and until this don't happen: NO ACQUISITIONS, NO MERGERS, etc. etc.

By the time been I think we go back were we started.
Today, yes I walked away with 20K profit, as I stated yesterday.

I still BULLISH on PKGP because I believe in Mr. Richard Altomare, so I will be back.

Elio



To: Jim B who wrote (2110)5/19/1998 11:24:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 4783
 
I agree, while NEWS could come at any time that might drive this UP bigtime, we just don't know for sure when it will be.....the company is not commenting and being very closed- mouth (as they should be, really).

If you sell now (or don;t buy now) as the case may be, you may miss it . But that is the risk you take. The news could also be not as significant as we hope.....them are the risks, folks.

I would not mortgage the farm on this one, but it could be an amazing story....the companyy behaves like a $10 company from what I see, not a 10 cent one. Management, the business they are in, their phone system, the quality of their news releases, etc. give one a good feeling, but beyond that I know little at this point.



To: Jim B who wrote (2110)5/19/1998 1:21:00 PM
From: Brian Snyder  Read Replies (2) | Respond to of 4783
 
<Why is everyone expecting news today???> ask kevin.....

From: kevinl
Thursday, May 14 1998
<The company has a recent history of releasing on Tuesday so I'm looking for that right now.>

From: kevinl
Friday, May 15 1998
<All I know is that the rumor is that the signing of the acquisition is to take place very soon.... Tuesday??? >