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

To: TraderGreg who wrote (2642)	5/29/1998 12:18:00 AM
From: JAS	Respond to of 4783

"if all the longs hold tight. " And how many times have we seen that happen? The company will not talk about this financing but if it fell through, I expect they will keep us on the edge of the chairs until we finally slide off. Jim

To: TraderGreg who wrote (2642)	5/29/1998 12:46:00 AM
From: Russ Howard	Read Replies (1) \| Respond to of 4783

Greg, What I've been curious about since buying, holding, and following PKGP, is the continued talk re the MMs and the "Oh my gosh, are THEY ever gonna be surprised..." The Market Makers do penny stocks (as well as listed) for a business...the people in those offices make hundreds of trades daily, and statistically they come out on top of us more often than not. How is it that we presume so much so as to think that July 1 is going to catch them with their pants down, or chairs missing, or whatever metaphor we choose to insert here? Don't mistake the intent of my post...I would LOVE to see a huge short covering and the resulting boost in share price, but in my experience, if something seems too good to be true, well..... RH