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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: jdcpa who wrote (20611)12/13/1998 7:55:00 PM
From: Valkyrie  Read Replies (2) of 43774
 
ok...it has been said that possibly those who have been into prwt for several years, at below a penny might be selling and taking their profits...if this is the case, it seems like a funny time for them to be doing that, when they have had much greater opportunities in the past several months, for much greater gain...it might be the case, partly, but it does not make sense to me from a monetary gain standpoint...

as far as capital loss///december bailouts...once again, until the middle of last week, those who needed to unload something could have done so at a more profitable price also...not only that, there are still more than two weeks of trading days to accomplish this before the end of the year...time is not critical yet, and surely if it were it would not begin for everybody on the same day...

it just does not make sense to me, from any direction, for anybody in their right minds to intentionally wait until the price of the stock goes to the lowest point in a long time, then they all decide to sell at once, relatively speaking...

i also think that relative to the number of people such as us who watch closely, i think there are the majority who are just doing their daily whatever it is job...driving a tractor, or building houses...probably some of them have stop loss orders in that are automatically activated...

now, it is no secret to anyone that i dont know the mechanics that some of you guys do, but i just do not see any coincidence here...nothing makes any sense to me as far as people just deciding to jump off the cliff at the lowest price...and all at the same time...goes against the grain of the overall goal....

then there are the timing of some of the trades....almost predictable...as well as the price not being moved up or down, in the face of huge volumns, for long periods of time...not normal, and not indicative of ordinary people bailing///selling...

in other words, i think it is being done by design, with a plan behind it...what could it be...i have no idea, but whoever is doing it, knows what he is doing, and he has $$ signs in his eyes...it looks to me like some sort of intentional maneuvering...but even more than that, i think it is obvious that somebody found something out that they like very much, otherwise they could have accumulated over a period of time moving the price a little slower, and nobody would have noticed...

lastly, i doubt that we will ever know exactly what it is, or who it is...somebody thinks they have some loophole, and they are using it to their advantage...i think the eventualities for us are excellent, as a result...anyway, thats what i think about all of it
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