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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: alan hardy who wrote (13534)9/13/1998 10:54:00 PM
From: taz man  Read Replies (2) of 43774
 
you have to be absolutely nuts to call for your certs
in any of these penny stocks. This is the first sign
that the stock is in a total tail spin when cert-calling gets started.

Basically, someone wants to bailout big, and he tries
to convince everyone else to call in for their certs so the
price does not crash and burn while he is bailing out
his tens of millions of millions of shares.

No-body else bails cause
they have been SUCKERED into holding their certs , thinking
takeing the stock off the market is certanly
going to make the price go up and
"screw over those dirty shorting MM guys"",

They have been suckered into believeing that
maybe if enough guys call for their certs, it will cause a "SHORT
SQUEEZE "" against the market makers..... check out Euto Short-busters for a great example of how bad this works.

So instead of bailing out while you still can, .
everyone holds their certs, and everyone gets left holding the bag
while someone else is able to bail out of the dog at a decent profit.
It happens all the time here in the penny stock world, been there and
doen this already.

How many shares are in this float anyway??? 100 mil, 200 mil, 300 mil??? or more????
Just wondering.
About 10 million are being traded every day

This dog will grind down to the sub penny level
in about a month. just hold on to those certs fellas and
see what happens. It is almost there now.

just wait and see.
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