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: ISOMAN who wrote (20802)	12/16/1998 10:39:00 AM
From: ROSARIO	Read Replies (5) of 43774

You seem to be good with numbers, here is a number problem that I would like you to solve. THERE ARE TWO INVESTORS, A AND B, EACH HAS $10,000. INVESTOR A AND B BUYS $10,000 WORTH OF ABC STOCK AT 1.5 CENTS PER SHARE. INVESTOR "A" SELLS THE $10,000 WORTH OF STOCK AT 4 CENTS WHILE INVESTOR B HOLDS FOR HIGHER PRICES. THE ABC STOCK TANKS TO 2 CENTSAND INVESTOR A BUYS THE ABC STOCK WITH THE ORIGINAL $10,000 PLUS THE EARNINGS FROM THE PREVIOUS TRADE. THE B INVESTOR IS STILL IN THE HOLDING MODE WHILE THE ABC STOCK RALLIES AGAIN TO 4 CENTS AT WHICH TIME BOTH THE A&B INVESTOR SELL ALL OF THERE SHARES. HOW MUCH DOES THE A&B INVESTOR HAVE IN THERE ACCOUNT AFTER THE EXECUTION? GOOD LUCK

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