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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Dec 26 9:30 AM EST

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To: ISOMAN who wrote (20624)12/13/1998 9:01:00 PM
From: *ROSARIO*  Read Replies (1) of 43774
 
Actually PRWT closed at 2.1 cents last monday. Someone painted the tape at fridays close. The last three trades wee at 1.7 but the trade volumes were 5,000 shares, 5,000 shares and 60,000 shares. The prior trades were in the lower 1.5's. Take away the tape painting and the bid now at 1.5 cents and you are looking at a 38% tank job. PRWT hit an Intra Day high of 4 cents right after the Insider trading Grand Opening about 45 days ago and since then has crashed 65%!
What are your theories regarding this awesome decrease on huge volumes?

IMO: YOU MAY SEE A MINI DEAD CAT BOUNCE and then the sub-penny level 5-10 days. THOUGHTS?
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