PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: Dusty Vestal who wrote (3532)	6/28/1998 1:08:00 AM
From: Daniel Miller	of 43774

Well, the reason for a reverse is mainly to attract diffrent type of investors. The bigger investors rather then the small investors like ourselves:) If it does seem attractive to these people the stock will go up immediatly after the split, and you will see great movement. But if the split fails. You could see the stock back in the pennies. I just went through 2 reverse splits. One with MCYX. Was at .055. I sold because of the fear of the split. Well how dumb was that. Right before the split was performed the new company announced Two Acquisitions. They are dominating their field. It is holdin at 17!! It has been as high as 20 recently. The symbol was MCYX, currently SNTIV. Check it out. Another one also came up with positive returns. Those are the only 2 I ever was close to going through. If the stock price does drop back down to the pennies the float will be very low so it will probably not drop under .1, if that far at all. But there will probably be no reverse by PRWT. -Daniel Miller DM14trader@hotmail.com

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