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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: xbrent who wrote (9753)7/29/1998 9:04:00 PM
From: BONGIZMO  Read Replies (1) of 43774
 
I agree that we are just seeing things calm down a bit. As for the MM's, I really feel they still aren't doing more than playing the spread in the stock as well as the momentum. If I had to guess I would also say they would lean more towards being short if not flat simply because PRWT has a large number of shares out and we sure haven't had any problem finding sellers. MM's are sharp, they play trends and if they sniff what kevinl does they will go long buying stock off the bid and retailing out to those of us that like to buy on news, therefore if we stopped daytrading PRWT and bought consistently instead of in spurts the trading range would start to move forward instead of being locked where we are. JMHO
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