PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Dec 5 9:30 AM EST

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To: PCModem who wrote (40963)	9/16/1999 9:50:00 PM
From: Howard C.	Read Replies (1) of 43774

But did you see what the Trade Group for the day trading houses said? They said it is NOT gambling, it is investing!! "Well let's see, I'm going to do a careful analysis before putting my 400 trades in today, each time trying to gain 1/16 of a point." Right. Yes, casino gambling and horse racing are fine, and they are honest, and you know what you are getting. But I do not see why the SEC should be trading legalized gambling of stocks which has Nothing to do with capital formation or investing, and which can only cause market disruptions. Or, let it continue, but put a 50% tax on all securities held less than a day. What about that?

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