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


To: StandFast who wrote (2880)6/3/1998 11:05:00 AM
From: Doug Bean  Read Replies (1) | Respond to of 4783
 
Answer ,,, YES
CRdoug



To: StandFast who wrote (2880)6/3/1998 11:07:00 AM
From: Jester  Respond to of 4783
 
It is very unlikely that we will see an increase in price in the near future. If the MMs allowed this to happen they would be cutting their own throats because they would have to cover the shorts at higher prices. The key right now is accumulation of shares. The money cannot be made today or tomorrow. We are preparing for next month. If you can't wait please sell now I want your shares.

djb



To: StandFast who wrote (2880)6/3/1998 11:07:00 AM
From: Chris O'Keefe  Read Replies (1) | Respond to of 4783
 
I hear you StandFast, but the idea is that "impossible" is not the correct word. If the price is raised enough, someone will sell their shares. Wouldn't you sell your shares for $2/share to help an MM cover?

Sure...and the speculation is that that is the kind of thing that just might happen as the end of the month approaches.



To: StandFast who wrote (2880)6/3/1998 11:13:00 AM
From: TheBigSur  Read Replies (1) | Respond to of 4783
 
Thats correct! Now all we have to do is sit and wait. With all this volume and the price not rising tells us all that a short squeeze is definitely on. The nervous nature of the the shorters is about to be exposed. They'll try to keep the price down while keeping their best poker face on. Can't do it forever. PKGP longer and Stronger everyday.

MWS