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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: David Sirk who wrote (8414)7/25/1998 5:27:00 PM
From: alan hardy  Read Replies (1) of 43774
 
David, MM does have a pretty strong hand in calling the price of a stock, BUT, in order for them to buy it cheaper, you got to have people who are going to sell it cheaper. Right now, I don't think any of their MM budies are prepared to sell cheaper, nore are any of the major stock holders. The price is what share holders have decided is fair value for now, without any concrete developments to say otherwise. Price has held through a couple of days of BS, Even settled back down after IT PR. I belive thats the way you'll continue to see it untill something else substantial happens.
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