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

To: anthony karpati who wrote (3305)	6/8/1998 11:51:00 AM
From: Egolpi	Read Replies (1) \| Respond to of 4783

Anthony, Good logic in your post. I, for one, am and will continue to accumulate as able. Egolpi - Renovating a clubhouse for PKGP members.

To: anthony karpati who wrote (3305)	6/8/1998 5:00:00 PM
From: John S. Baker	Read Replies (1) \| Respond to of 4783

> May be the preferreds are playing both sides of the fence...driving the price down, shorting, and accumulating along the way? < Happens this way a lot with floorless convertibles. Short some, drive the price down. Short some more, getting even more shares per dollar 'cuz the price is lower ... thus driving the price down. Then short some more again, 'cuz... Well, you get the picture. It is progressive deterioration. I'm not smart enough to figure out whether that's what is happening here, but the patterns for some other stocks with floorless convertibles can get pretty ugly.