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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: Data Miner who wrote (9381)7/28/1998 1:13:00 PM
From: LegalBeast  Read Replies (2) of 43774
 
I have a theory on this price delemma ... try this one on and whomever has Level II .. can you tell me if this may be happening?

OK, here goes: We know that there are a lot of folks that are still skeptical because of the recent fiasco. So in comes a really great piece of news, and the MMs do their naked shorting thing, not allowing the price to rise. Then when frustrated investors decide that there must still be problems that others know about but they have not yet found out, they sell. This allows the MMs to sit still and rake in the money! And we, the investors, get screwed in the process!
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