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


To: Tim Luke who wrote (3286)6/8/1998 12:38:00 AM
From: PitBull  Respond to of 4783
 
I think it is fantastic how many PKGP shareholders are LONG :)!
And Robert is doing a wonderful job with the long counts.
I think it DOES mean something.
As the number grows we can SEE how effective July 1st is going to be. Good luck to us all.



To: Tim Luke who wrote (3286)6/8/1998 3:15:00 AM
From: Donald Skjold  Read Replies (3) | Respond to of 4783
 
Tim, you are uncharacteristically quiet these days. Consider the fact that you posted more than 215 messages on this thread in 16 days, from May 5th through May 21. You weren't the champion though. You only get the Bronze.

I certainly want to respond to you and others on this thread, and I have some provocative and interesting material, but you might have to wait a day or two. It is germane to this thread, and addresses my criticisms.

49er may not agree with me on much, but he will back me up at least on the fact that our weather in Northern California is less than typical, so rather than spending the weekend on the boat, I was busy researching.

As you realize, I have felt there is something going on that doesn't pass the sniff test. A lot had to do with you and what you have said on the thread. But while studying the question of whether or not I should apologize to you, I uncovered something else. And I'll ask the question of everybody.

How many of you realize that JimB of Top Dog bailed out on this stock, not once, but twice?

How many of you realize that back in March he flogged this stock just as enthusiastically as he did in May? And still bailed out without a word...as Steve Casey once put it, "leaving us holding the bag". Your instincts were right, Steve, you just didn't know why.

Now, that information has be be put together with some other little tidbits. Remember, JimB was the major cheerleader for this stock...remember? Check his posts. And check the CHARTS.

PKGP had been in the doldrums, sinking like a rock for most of last year. Then in January the volume sort of came to life. Two million shares traded in a week, then 15 million. It settled down to 9, 6, 7, 11, 4 and 6 million shares each week. And then, the week of March 6, it soared to 23 and a half million, 8 million the next week and 12, the week of March 20th.

Oh, and did I mention that on March 5th, JimB posted his first PKGP messages? One of them was, "it will rock tomorrow." And there he was, our Wonder Boy, on the 6th proclaiming, "I'm getting excited". On the 12th he said, "why sell--looking forward to Monday." On the 13th he promised he was getting more shares now.

The last we heard from him was on the 13th when he said that PKGP could easily hit .30.

Heady stuff.

Except that was the last we heard from him until the 5th of May. (Hold that thought).

Keep in mind that while JimB was flogging, the price spiked, and I mean spiked (meaning it shot up and came right back down), on one short day or two.

Now, let's get back to that thought we are holding on the 5th of May.

PKGP volume, obviously missing JimB, languished, mostly under 5 million shares a week between March 20th and May 1. The first week of May it hit 14 million. And then, the week of May 8th an astounding 64 million!

Guess what? On May 5th JimB spoke again! He took his place again as the leader of the board. It took him one day and 100 posts before he told us he had sold in March, for a loss, of course. And PKGP spiked again on May 18th and 19th.

And the volume remained good. Until JimB told us with great sadness that he was leaving again.

After weeks of 64 million, 58 and 58 million (yeah, twice), it tailed off to half that volume. When JimB left the board. There was a palpable malaise, which lingers to this day.

JimB and his partner Kevin1 came back to visit briefly. To let us know that PKGP was no longer good enough for them. BUT IT WAS OK FOR US. Hang in there!! They promised they might be back one day, and really showed their emotional state stumbling all over themselves trying to answer a direct question that was put to them. Read it. It's all there, and it will choke you up.

I hope the sun and warm weather return to Northern California soon, so I can ride my boat into San Francisco Bay.

I surely want PKGP to win, and score big numbers. I'll be happy. If you're happy too, I don't care so much.