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


To: pds1919 who wrote (7985)7/23/1998 8:48:00 PM
From: BONGIZMO  Read Replies (2) | Respond to of 43774
 
Good evening all, yet another interesting trading day for PRWT. Here are some items of note from this session. We had 456 trades for 16,555,600 or an average of 36,306 per trade. We saw a pair of 600k, a 400k and 8 200k+ trades go off. What this means is that there was some decent money being moved about in PRWT. Remember folks, with the stock at a higher price these size trades become more relevant, it means that larger players are in this stock and if the company moves forward then we need these players to take us higher. I found it quite interesting that only 3.267 million shares were traded on the offer. With the bid side trading at over a two to one ratio and the stock not closing that far down this tells me one thing...THE MM'S WERE EITHER COVERING SHORTS OR BUYING FOR THEIR OWN INVENTORY.

If the reasons you purchased PRWT are still intact, then just relax and be amused by the rantings of others. If something has changed in this investment or any for that matter that you were not expecting, then sell and rest easy at night. Just some thoughts...