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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: wonk who wrote (38300)6/18/1999 10:50:00 AM
From: jhild  Read Replies (1) | Respond to of 43774
 
Someone made a tidy little profit here. 53 million shares at $.01. That was $530,000. Just a couple of weeks later figure they may have been able to dump it in the market above $.20 and voilà - net profit $10M - bigger than the market cap for the whole company at the time of the offering.

Now that was quite a deal for who ever purchased these shares.