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


To: Tim Luke who wrote (2668)5/29/1998 11:53:00 AM
From: TheBigSur  Read Replies (1) | Respond to of 4783
 
To All:
We have to understand that the MM's will do everything in their power to cover ( in their favor ) their short position between now and June 30. Which means dropping the price to scare people into selling creating the illusion that the stock is tanking. 4 to 5 weeks for a MM is a VERY long time for them to play their game. Emotions always work in their favor. Remember that they have 2 ways to cover their short position. Raise the price so people sell for a profit, but then they lose. Or lower the price to stir the emotions that make people sell. If you where a MM what tactic would you use? The bottom line is " MM's need shares ". Our only power against the MM's is not to give them our shares. MM's cry "wolf" time after time and people keep reacting in their favor. I wish I had their power. No I take that back, I'd never be able to sleep at night. The truth is I can't sleep at night now knowing how much $ I'm going to make come June 30.

It's friday and the the game continues. "Wolf, Wolf, Wolf" and look at the selling. LOL

MWS




To: Tim Luke who wrote (2668)5/29/1998 12:00:00 PM
From: Jody Sherman  Respond to of 4783
 
I spoke to ICC yesterday, talked to them for about 15 minutes. Like any good IR firm, they were pretty coy about specifics.

I did get the feeling that they know a lot more than they are telling us. Even if this is a small IR firm, no one wants to pick up a client for a few weeks and then see them go out of business, it just looks bad. ICC did their homework on PKGP and felt strongly enough about them to take them as a client.

Jim, I wish you luck. I think those of us still holding PKGP are going to be well rewarded for it. In fact, I've bet pretty big that I will.