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%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roger Bodine who wrote (39472)	7/9/1999 3:28:00 PM
From: jhild	Read Replies (1) of 43774

Roger I am always awake, except when I'm not. But let me check with my accountants to see if my concept and theory on this are valid. I want to proffer only the very latest thinking on this. If I were really cynical and thought this stock was being manipulated, I would suggest that this was a planned stall on posting their financials - to shake shares prior to some fanciful projections that will give impetus to a run up in the stock. That is before the reality of their fiction sank in and the shares drifted lower again. Sort of an orchestrated accumulation to scoop loose shares to then dump right back into another run up on hot air fabrications. But I am not that cynical, so I doubt that they are doing that. It would seem to me that Occam's Razor is more likely at work here. Incompetence is the simpler explanation. Sad isn't it that they just don't do the right thing and submit an audited Form 10 to the SEC and be done with it?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next