PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: Buster who wrote (10040)	7/31/1998 2:20:00 PM
From: Dusty Vestal	Read Replies (1) of 43774

Buster, I agree.... I know one of the MAIN reasons people that I talk to won't touch this stock is because of the millions of shares outstanding.... Although I know nothing about reverse splits, many of them say that "they will bet the farm" that they will do a reverse split with this many shares out there, since it won't move otherwise....... They said they have seen this situation time and time again and it always results in the same outcome......... Of course since I'm a new investor, I didn't have much ammunition to argue with them... I do tell them that they say that there won't be a reverse split, and they just say "Yea Right"..... Oh well, I'm still long in prwt............ Dusty

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