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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: ColleenB who wrote (14214)9/24/1998 7:58:00 PM
From: Dusty Vestal  Read Replies (2) of 43774
 
To anyone who knows. I posted this awhile ago, but since there
are many new people on this thread, maybe someone else knows. How
the heck will this stock move with 700,000 + outstanding shares??
Most of the time companies have to do a reverse split in order to
get the price to move if there are that many outstanding shares...
Does anyone know what the company's plans are regarding this? I
belive highly in this company, but this one issue is what is keeping
me from buying more and it's making others at work i tell laugh at me
when I tell them about this... They said that with this many outstanding shares, there is no way this stock is going to move. I'm
starting to agree because it's seems like when ever there are great
rumors floating about, the stock moves about 1/2 a cent or 1 cent.
It's like 1 person trying to move a large boulder...
thanx in advance for all your thoughts on this.... Dusty
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