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


To: Jim Reome who wrote (3004)6/4/1998 3:28:00 PM
From: StandFast  Respond to of 4783
 
Hi,
Even if alot of people land up selling into the spike that may occur, only the ones whom hold will get the warrants. So either way we should all come out ok! :)



To: Jim Reome who wrote (3004)6/4/1998 3:44:00 PM
From: William B. Hill  Respond to of 4783
 
Jim, your probably right about people not being able to hold long
enough to sustain continous upward movement. I believe this stock
can rise (again, with investor confidence) based on its' own
merits and future earnings potential. In the short term, we are
looking at a potential squeeze at the end of June. Until we approach
that period of time we will probably see the stock price as low
as it has been AND MAYBE LOWER?

When I was in Eutro for the short squeeze play the price of the
stock appreciated dramatically over a short period of time, largely
due to increased awareness and confidence by investors who jumped
in and gained control of the stock. The squeeze never happened
and many ran off. I held as others did with new hopes for the
company and its' potential in the longterm.

My point: If investors are here for the short squeeze, IMHO, I
think there is a better chance of pulling it off than there ever
was at Eutro. A simple thing such as a name change may be all
it takes to force the MM's to cover their shorting of potentially
millions! As I and several others posted over at Eutro (some time
ago) the squeeze should be looked at as the "Icing on the Cake"
and we should be invested here because we believe in the companies
future potential.

I am still in Eutro (almost 9months now) and have more invested
there than any stock I own. This is because of my belief in this
stocks future and what they have acomplished thus far.

PKGP, aside from the possible squeeze, appears to have the same
potential to pass $1 as any of these other BB's that recently
have.

Brettster



To: Jim Reome who wrote (3004)6/4/1998 3:45:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 4783
 
Jim :
I see your point and I agree with it.
If everybody here is waiting to spring on the first rise at the end of the month,, we will all be deprived of the run up that "could have" happened.
Its kinda like telling a farmer that they should all farm 10 less acres and then they will all get better prices.
70% of them would,, the rest would go out and get a few more acres to farm.
Same thing here, once a bunch of people start to breal ranks and sell ,, the momentum will be broken and the price will fall or at best hold.
I can't say where my break point will be either. I 'd like to think that several of us that hold shares in the 6 figures ( or more) area would not sell into the rush and thereby drive the price up even more, but who knows what they will do when the price hits .75 and stalls for a bit,, hold to see if it breaks thru and runs over a buck,, or take the 10 bagger and run?
If the company can come up with the financing in time the price will rise on the fundamentals alone, then if there is a short position the price will run hard. If the funding is acquired prior to July 1st ,, the shorts will see that they are up against it and the carnage will begin then :-)))
Kinda brings a smile to your face don;t it??
CRDoug