SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?


To: Chris O'Keefe who wrote (2902)6/3/1998 1:30:00 PM
From: maria  Read Replies (2) | Respond to of 4783
 
"If everyone sells at the same rate they are buying, then, yes, the price won't move much."

How do we know this isn't already happening? Have you guys read the S-8's? The company has used stock, often unregistered and unrestricted, in lieu of cash for many transactions.

Don't get me wrong, I've taken a small position in this and would love to see a short squeeze, but after reading the S-8's, I can't discount the possibility that there are shares out there that are being sold into our buying. The price is certainly indicative of this as the MM's seem to have a limitless number of shares.

JMHO,

-M