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

To: Donald Skjold who wrote (3299)	6/8/1998 12:32:00 PM
From: Steve Casey	Read Replies (2) \| Respond to of 4783

Don, Interesting questions you raised. I for one subscribe to the fact that some amount of pump and dump takes place on EVERY online board EVERY day! By who? Well their stealth nature makes them hard to spot some days. I think PKGP has had its share as well. Regardless of the sentiment toward JimB, the point remains that during his online posting heyday, the volume and price moved significantly, and during his absence, the same two factors languished. Such is the dilemma of someone with a strong following. Hype or clairvoyance, either one works for me. I for one do not believe JimB to be a pump and dump kind of guy, even if it does appear that he bought low, rallied the troops, then sold high. Good for him, made a buck and it generated interest in a company that I have been a disappointed share holder in for several years. And also based on the heightened interest in PKGP I reluctantly added to my position which was minimal already do to an earlier reverse split by the company. I for one hope to recoup some of my previous losses during this period of abnormal excitement, due in part to JimB so I thank him. Tim Luke, none of my business, but IMHO I did not see Don's original post as any kind of slam your way. Don must have been having the boat painted and found himself with too much time on his hands this weekend. Regardless of what his intentions were stating that you had 125 posts, it was none the less factual. You are a strong vocal advocate on many boards, respected, and not above being the subject of rebuttal. You know, the nail that sticks out the furthest gets hit. So, the issues remain, and I will end this with some open questions. 1) How much of the recent corrugated box orders were by APAC members obligated to purchase from the mother company? Were any of these orders from "outside" companies? 2) Once we all receive our warrants and exercise them, where do all those shares come from? Would the float then be 74mm (37mm doubled)? 3) Lastly, with such a tremendous short interest in PKGP, what is to keep the shorts from returning to do the same to the new company? Sorry for the lengthy post, but after walking in this A.M. to see 150 new messages on the board, I felt obligated to add mine. Hate to be left out of the fray. I am LONG in PKGP, but that has been by design other than mine. I will honestly tell you all that I now have several thousand shares but will not have that many by the time it nears a buck. Hope my honesty does not reap flames of hate back at me. smc