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

To: anthony karpati who wrote (2914)	6/3/1998 3:20:00 PM
From: TraderGreg	Respond to of 4783

You got to get in the mind of a shorter...they are different than you and me. Why don't longs always cover (sell) after a big run? They think it will go higher. Shorts don't cover cause they think they can drive it lower...and if they drive it to 0, they never have to cover, and if they don't cover, there is no taxable event!!!Aha, thus they can make a little windfall. TG

To: anthony karpati who wrote (2914)	6/3/1998 3:35:00 PM
From: TheBigSur	Read Replies (2) \| Respond to of 4783

Anybody who has shorted PKGP is standing around mumbling " who me". With 20 trading days left before July 1st the shorts have only begun to feel the tension. I think the stock will linger in this trading range for period of time. Then will come a period of very volatile trading, as each short yields to the lack of selling by the public. That is why it is so important to hold for the long run. Right now the daytraders are putting money in the MM's pocket. Buying high in the morning hoping to catch the run , not wanting to hold overnight - selling at the end of the day. MM's will feed off this all they can. Many forces are at work here. All in the favor of the LONGS. MWS