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


To: Currency who wrote (3255)6/26/1998 9:37:00 AM
From: xbrent  Read Replies (1) | Respond to of 43774
 
Spread is really lousey, what a winner for the MM. They can take the ask anywhere they want. It is not a buying opportunity until the ask materially changes.



To: Currency who wrote (3255)6/26/1998 9:37:00 AM
From: Doc Horror  Read Replies (1) | Respond to of 43774
 
Ya know what I love best about spreads like that when your long in a stock... it absolutely KILLS the daytraders...

Here's a nice scenario:

"Hmmmm maybe Rosario is right, this stock is gonna tank... better get in a market sell order at the open"

Spread is huge... you sell out at .06 and when the dust settles they'll tighten the spread and then move it back into positive territory... you gotta love it !!




To: Currency who wrote (3255)6/26/1998 9:37:00 AM
From: StandFast  Respond to of 43774
 
Your're right , they want our shares, but they dont want to give them away any cheaper, They are probably anticipating a release on the web page? Not getting my shares:)