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


To: FCC who wrote (4159)6/24/1998 8:35:00 PM
From: Jim Reome  Read Replies (1) | Respond to of 4783
 
Lots of rumors on the other threads of announcements coming next week being very positive. Don't know that it would happen but if the new listing was on a different exchange the mm can not manipulate it anymore from what I understand. This could be real interesting next week.
I believe the key for people is to not be willing to pull the trigger to soon. I believe everyone should protect their investments but I also believe that holding a core position could be most beneficial.

Your question can it go to 1 or 2. I believe it can and that the financing just received was given because of the insight potential these lenders were privvy to. We will see.



To: FCC who wrote (4159)6/24/1998 8:49:00 PM
From: James Clinton Moon  Respond to of 4783
 
FCC, Just look at the news. 4,000,000 SHARES FOR $10,000,000.00
Loan. That to me looks like the company that loan the money
hopes to get a lot more than .13 or .48 cents per share on
the return more like $2.50 share maybe, maybe not but a lot
more than a few pennys. If the stock go down i will buy and
buy more. If we have any daytraders left in this stock they
will make a few cents and run for the hill like they all ways
do.But this stock is a lot more than a day trade.

P.S. If PKGP stock was oil the MM'S would be about two quarts
low.

Jim