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: Russ Howard who wrote (29645)	3/23/1999 1:26:00 AM
From: barbara sperino	Read Replies (3) of 43774

Well Russ get your calculator out. Remember when you short and are a MM you have a good month to leave the short naked. So lets say they shorted 10m shares at .020 at the beginning of the month.(remember they are not spending any money they just got $200k. Now lets say they decided to than bring the stock down by the end of the month when they will cover lets says just for the math purposes they bring it down to .010. and cover there. Lets says about 3 or 4 MM were doing this. Remember it didn't cost them a dime to make this money. Nice work if you can get it without getting caught. I asked many times I wonder why they never brought the price down on much larger sells than what we have seen over the last few days. But now they are bringing the price down on less selling. why now and not before?

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