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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: Observer who wrote (30194)3/28/1999 8:11:00 PM
From: David Sirk  Read Replies (2) of 43774
 
Did not say it was a scam! Just pointing things out to you all. I almost bought back in AT .16. Good thing I did not I would have taken a Hair cut. I see allot of wish full thinking on this thread. You have to ask yourself WHY with all the great news the stock price keeps going down. The only answer is that insiders are selling not buying. We have heard alot of theories. Market makers short. As soon as the name change takes place the shorts will be forced to cover and the stock price will pop!. Well guess what kids, It has gone down . My opinion seems to be the only reasonble one that I have seen on this board. That is that the an RS is in the cards. Insiders have gotten wind of it and have decided to dump.

One thing I can tell you is that there is no DOUBT IN MY MIND that JOHN plans on getting out of the Penny Stock world and On the NASDAQ. The share structure WILL be reduced one way or another. The cat is out of the bag and you will see the price keep going down!. If I'm wrong than you should see a big rally in the stock this week!
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