PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Nov 28 9:30 AM EST

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To: Retaylor who wrote (378)	6/10/1998 12:39:00 AM
From: Jim B	Read Replies (1) of 43774

I personally dont know anything about a rev split.. normally they dont' work out to well.. UNLESS the merger/acquisition they are getting is superb... so we'll have to wait and see what the company gives us to work with.. the stock certainly is capable of moving.. but more important what is PRWT up to... we'll see.. remember 28million shares today is not even $500,000 worth of stock trading hands.. and probably we broken even or so with mabe $275,000 on the buy side.. ICVI traded $1.8 million worth of stock.. albeit it went down.. but to buy the float of ICVI you'd need $5.4 million at current prices .. PRWT you could but the whole float for around $2.25 million ; so you do the math... don't let the HUGE VOLUME mislead you into thinking that with all that buying power we should have moved way up.. cuz that just isn't so... I don't have level 2 so I'm guessing.. but I think it's a matter of people holding and accumulating and then the company putting out news giving us a reason to truly stay long.. jim

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