PanAmerican BanCorp (PABN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jhild who wrote (39207)	7/1/1999 9:26:00 AM
From: ColleenB	Read Replies (1) of 43774

Good news...according to Spinny, there's only 35M shares being actively traded on a daily basis, so that would mean that 300MILLION shares are held. re: float etc you said: "77% of float not being traded, that leaves a paltry 23%, or around 70M shares (maybe less) available for trading." I'd say that at least half of that unaccounted for 23% (another 35 million shares) is also in long hands... ragingbull.com oops...maybe less IMHO there are only between 5 million and 7 million shares out there being traded between the MM's, The rest are held by us folks. I also think that there are about 20 -25 million shares in "weak" hands -- they'll sell as soon as they can make a buck, [hey Fred/Herb I think you've just been insulted] or as soon as something else comes along that they think they can do better with. The rest are ours. ragingbull.com And guess what, these numbers are based on the "fact" that approximately 40% of the shares being held by institutions... 37% (inst) + 33% (skiteam) + 7% (RB Longs) = 77% ragingbull.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next