SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: barbara sperino who wrote (29643)3/23/1999 1:06:00 AM
From: Russ Howard  Read Replies (1) of 43774
 
Hi, Barbara..

You might be able to help me understand something here, regarding the trading logs and all...

I'm confused as to why the Market Makers would be choosing to screw with PABN over many other securities. I mean, they would have to move millions of shares at these (possibly) artificially depressed prices to even buy lunch for the office, for cryin' out loud. The sole motivating factor in this arena is to make money. How, then, do the MMs propose to make money off of PABN? By shorting it further (if in fact they've shorted it at all..)? How profitable is it, really, to short at .016, in hopes of covering at, say, .014?

It's probably inexcusable for me to say so, since I still hold a good chunk of shares, but the "positive" talk on the thread seems to have taken on delusional characteristics...especially in light of the stock performance and John's reluctance to provide numbers...

Could it possibly be that things are not, if you pardon the expression, as rosey as presented?

Not to be construed as flame, bash, slam, etc...just a few honest observations looking for rational discussion..

Russ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext