PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00

Jan 15 4:00 PM EST

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To: ColleenB who wrote (20391)	12/10/1998 5:23:00 PM
From: slotman	Read Replies (2) of 43774

There are lots of individual investors who have one million+ shares. All it took was for a few of them to start selling for tax purposes and small herd of little guys took off after them. Let's take everything into account before the finger pointing starts. Are you implying that the company is the "single source" of those sells? Like they need the money @1.6 cents a share. Or were you saying just one giant investor just lost patience and hit the road. I can see all the trades, real time just like many here do. Hundreds of thousands of shares go at the ask and no movement but a 50k share sell drops the price. Go figure. The mm gain nothing by holding the price down on this stock. Actually they'd do quite well short term to let it run and generate a little interest.

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