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


To: LegalBeast who wrote (1615)6/19/1998 12:13:00 PM
From: Lucky  Read Replies (3) | Respond to of 43774
 
>Sounds like a crock to me. Lacks reason. The more shorters there are, the faster the dips and the more action on your money. Tell me, Mr Lucky, do you get some gratification out of the power trip you create by making folks think that you can do something that they cannot?<
Sounds like you need a quick lesson on the market.Shorts do not make stocks drop in price as they need to short on upticks(read a book to find out what an uptick is if you don't know).Only actual selling of stock and MMs can hit the downticks and cause a stock to drop.
Also the less shorts involved the greater the stock rises and the harder it falls(that's why BB stocks are so volitile)as there is little shortselling and shortcovering to support the declines and too many shortsellers decrease the rise.Too many shorts end up squeezing each other(see YHOO,AMZN)and fighting over the stock when it drops.
The lesson is over and I am done here.Wasting too much time now.
Lucky.



To: LegalBeast who wrote (1615)8/15/1998 9:21:00 PM
From: ted birnbaum  Read Replies (2) | Respond to of 43774
 
Your statement about an uptick being required is incorrect for some
stocks particularly NAZ small cap. Next time you insult someone make
absolutly sure you KNOW the facts.