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


To: Jim B who wrote (2366)5/21/1998 1:30:00 AM
From: Jim B  Read Replies (1) | Respond to of 4783
 
Just got an email from someone asking me to post this so here goes:
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From Funnyguy

29 Sessions to Payday!
Hi Folks,

This is my 1st Post on this Thread, Been Lurking from time to time,
Watching the People at SI...=20
Here is my take on this stock, I Believe That there Really is a Naked Short Position on this stock, while charting the Volume over the last 15 Trading days I noticed something that tipped the MM's hand. on 5/5 Volume doubled to 21,598,600 from the previous session and the low for the day was .008(My analysis is that MM's Busted the Stoplosses to Grab More shares) then on 5/15 on Volume of 22,394,000 on 4X Volume from the Previous Session the low again dropped to .006 I feel the same thing again happened.
Also notice the Average size of trades when the Price is moving up Is around 23-25K per trade, but today, when The Price moved Down the avg trade size went to 16K (My analysis is that Smaller shareholders were shaken loose this to me is considered Positive). Plus the Technicals Still remain Good.
I Was in on PNLK at .87 and held to $2.5 I would have held on longer but the Spike Blew through my preset sell set .50 cents higher than it was trading while I was at work, all the same Guys on that stock said Hold for Minumum $5.00 and We all know what ended up happening. It is really hard to wait when you trade pennystocks but this one will pay off come July 1st.=20

Yeah you could take a small profit now,But why? you are in at the base. Way too much upside on this one and the company has joined the fight. I Will Definatly buy More if it drops back to .06 or better. And if you are thinking who would buy my shares at .25 or 1.00 or 2.00 or more.... Try the Naked Short Sellers, the same Guys Who want your shares back Now at Low Low give-away Prices. Try and think of this Stock as a CD which you can Touch until it Matures on July 1st.

We need a Theme Song Here,
How about "Time is on My Side, By the Rolling Stones"?

I'm Long on PKGP... 186+ million shares traded in 14 sessions.
29 sessions to Settlement Day! The SQueeeeeeze is On!

PS.Don't Forget the Bonus, We will get Warrants too!
My plan is to Hold 1/2 my position through July 1st, but Sell 1/2 Only when I Get My Price and we are Nowhere Close Yet, Still need a number in Front of that decimal.

Later,
FG =F4=BF-

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