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


To: Qone0 who wrote (2243)5/20/1998 12:42:00 AM
From: bullmarket  Read Replies (2) | Respond to of 4783
 
as a DGIV "veteran" (in since the time it was less than 1), I have seen how a UNIFIED group of investors can at least "stabilize " the effect of Mm shorting. If you look at DGIV price action, youn will see that, unlike many OTCBB stocks, it has managed to keep its highs after each run with minimal sell off. Several times Mms try to bring it down, however, each attempt was met with more buying, causing more 'naked" shorts.
Of course, the MAJOR issue here is that DGIV investors believe that it is GREATLY UNDERVALUED with great fundamentals, and hence are willing to hold the shares and buy more on dips. In fact, SI DGIV investors own around 60%of the public float, per the latest count. If investors in PKGP (or any other company) believe in the company enough, a thread with the right kind of information/'leadership" may pull it off (similar to DGIV situation)
BTW, a significant number of DGIV investors own shares since the time it was 0.4-0.5 (high is 8, now is 6.5). On dips, they don't sell but just accumulate more!!!



To: Qone0 who wrote (2243)5/20/1998 1:16:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 4783
 
WOW! Re-Read this again...you all know the company IS changing it's name, right? I re-read Robert's post again. hmmm..... Is the Company way ahead of this on forcing a Naked short panic?!

I think some of you have already caught on to this.....hmmmm...very interesting!

**************
From: Robert Warren
Wednesday, May 20 1998 12:32AM
Jim,

MM's naked short all these bb stocks. not just this one but all of them. This one however has been shorted to an extreme. They never have to cover,they just trade the short position between each other on settlement day. The only way to make them cover is to call in certs or ******* the company has to change its name. **********

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