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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: Data Miner who wrote (9381)7/28/1998 1:15:00 PM
From: xbrent   of 43774
 
A few weeks ago I put out feelers on the thread to those who owned over 250,000 shares, and over 500,000 shares and over 1 m shares. Over the course of the next week, I got PM's and posts on the thread regarding people who owned those amounts. I can't verify anything because I can't prove anything. Almost all the messages I got were credible. One for a few million might be suspect. But anyway, I put togethor those PM's plus the posts plus circumstances I believe to be true and calculated that perhaps 1/2 the public float is owned by 24 people , maybe it is 45% owned by 30 people, the concept is the same.
Most of these large investors are in this stock for the long haul, as in double digit months, and are not taking a flyer on this stock.
They know enough to put alot of money in it. I am not hyping or making this up, those are my assumptions and an idea of how I arrived at them.
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