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: ROSARIO who wrote (16956)	11/1/1998 2:34:00 PM
From: jhild	Read Replies (2) of 43774

You will see the Big-Boys starting to come in and buying Tens of millions of shares in blocks of 100,000 to 500,000 share increments. So Rosie, you think that the Big Boys are guys that will sling around $2K to $10K a trade? Surely you are joking. While this is serious money for a lot of smaller investors, this hardly seems like an indication that "Big Boys" are interested in this one. If you have a fund that has a net asset value of $1B, and it is say just doing one turnover per year in their portfolio, this works out to about 5 million a day in trading. Roughly half the market cap of PRWT a day. If they are doing trades at only $10K per trade they would be executing nearly 500 such trades a day or more than a $10K trade every minute the market is open. Something tells me that the "Big Boys" trading days aren't quite that frantic. But then I guess in your enthusiasm you must be talking about some other smaller fry as "Big Boys".

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