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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: ColleenB who wrote (31123)4/7/1999 10:44:00 AM
From: barbara sperino  Read Replies (1) of 43774
 
Colleen
I just read the article. the info is very outdated and much of it is in accurate in today's Mkt. Back in 1992 the level 3 that is now being used by IT and other firms was not even available to general public. I really liked the part about the MM not ever carrying short position in stock over night was a good one. Many MM just paid very big fine last year for doing just exactly what the article says they don't do.
I also know even going thru a reg. broker you can buy between the spread. I do it a lot myself. Again the article is wrong.
From several articles I have read and a couple of interviews I have seen on TV . I believe the OTC will be trading with the level 3 in this mkt also available to general public. Its is now only available to Large brokers and people making a market in OTC stock(MM). I believe the many new laws coming on board for the OTC stock will make this possible. I also know the Pink sheet stock are also moving forward to trade electronicly. this should be happening sometime in the next 12 to 18 months.
The whole world of trading stock is changing. People are getting more involved in their investments. And their is a very large number of people out their that are retiring at younger ages and want to trade full time.
Insider Trading and other companies will be their to offer them this opportunity.
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