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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (4688)6/6/1998 10:25:00 PM
From: Dave Gore  Respond to of 25711
 
Unfortunately the take on PKGP is 50/50....Tmex and Joe C. said it is a "no go"; others who I also respect say it could be a big winner.

I wouldn;t go hog wild on this thing. Until we know how many shares are out there and why this continually trades millions of shares every day, I cannot recommend it.

If we could figure out the float and control it, we might be in a great position to squeeze the massive naked shorters. We also need someone to verify the company is sound. The new PR firm says they are and I kow them from other deals, but I just don;t feel comfortable recommending this. I have a 20,000 shares for fun.