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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: barbara sperino who wrote (35427)5/6/1999 11:40:00 PM
From: jhild  Read Replies (1) of 43774
 
Well Barbara, no one seems to have commented about the timing of this Press Release from PABN yesterday, so I guess I will.

Impeccable timing for the release of that PR. Look at the price chart May 5th here and the time on the PR. Just as the price is dropping precipitously, out comes a PR - this PR. A PR that just says they have some IR services. Look at the price how it jumped. All on a nothing PR. That is of course until it became obvious just what a non-event the release was and then it drifted lower yesterday at the close and now lower today. Not at all surprising. Ever want to see a likely case of strategically timing a press release, here it is.

Of course it is not possible that the company would traffic in press releases in any attempt to manipulate the price of their stock, now is it? That sure was some coincidence, don't you think?
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