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

To: ColleenB who wrote (41076)	9/22/1999 12:06:00 PM
From: jhild	Respond to of 43774

So let's see. Let's work some numbers here and see if they make sense: 1500 trades per day (per PCM). made by 20 traders between the two offices Boca and Garden City (as per Charlie) And now according to the ZipKing, day traders who have a cardinal rule of only trading between 9:30-11:00am and 2:30-3:00pm. So each of those traders are accounting for 75 trades in 2 hours of activity. That is more than 1 trade every 2 minutes. Can you imagine the frenzy in one room with 17 traders pounding out more than a thousand trades in an hour? Would they even have time to high-five like in that commercial of theirs? Eeeuwwiie! That's what I call smoking. (Smoking something in any event.)