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Microcap & Penny Stocks : PAAN - Pan Am Corp.
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To: nikko who wrote (10)7/11/1998 9:55:00 AM
From: ERRAFF  Read Replies (1) of 12
 
If you are not careful with Pink Sheet stock you could get taken to the cleaners. You must state a limit price when you put in your order, example: "purchase for me 1,000 shares of PAAN at .04 cents or better." If you put it in at a market order, the MM's could fill it for .25 cents. The problem with that is you may not fill, but I would rather not own the stock if I have to pay .25 cents at this stage of the game.

Answer to another question, I think there are 21,059,000 shares in the float.
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