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

To: Egolpi who wrote (3389)	6/10/1998 1:42:00 AM
From: Loren S.	Read Replies (1) \| Respond to of 4783

With a few exceptions I try buy stocks as close to their recent lows as possible. I'm looking for value and potential in the penny stocks I buy. I have painfully learned not to chase stocks up because you never know when they will top out. Even DGIV, which is now trading for $6.00, I only bought in the early stages below $.60. Personally I can't understand why anyone would pay for an INFE at $5.00 after it recently traded for $.12 or ICVE at $1.50 after it recently traded for $.20. With PKGP the low was $.035 or so. We're almost double that now but still very close to its historical low, so according to my buying philosophy its not a bad buy.