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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: jhild who wrote (11292)8/11/1998 1:14:00 PM
From: alan hardy   of 43774
 
I can only speak for the technical side of this stock, so listen up. When we did our shootup to .12 ask, MM's were upticking on sells as they, and others were preparing to short. MILLIONS of shares short. our base held flat, even during buying (sort of flat) 'couse MM were covering their shorts, also acumulating and stockpiling shares as the weeks went by at a good price. I would imagine there were also MM clients, there brothers and sisters, and freinds were buying at a manipulated price. Last Friday, four new MM joined the crowd, and their probably stockpiling at cheap prices while they can also.Probably waiting for news, "couse thats when they'll get the biggest bang to unload their shares to buyers. TA says some worthwhile move to the up side. Seen it happen many times before, espacially when theres significant volume on the buy side. should be money in the bank. JMHO
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