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


To: JP390 who wrote (8333)7/24/1998 5:35:00 PM
From: xbrent  Respond to of 43774
 
It would be difficult to count this stock. I have corresponded with perhaps a dozen shareholders with over 500,000 shares. I know of others with multiple millions of shares. It is my suspicion that perhaps 50 % of the public float is owned by no more people than you could get in a large SUV. These people are usually buying on dips and holding for the long run. Based on the aforementioned, I continue to think that every time 10 million more shares change hands more and more of it goes into long term shareholders who have done substantial DD and are very confident in the long term potential of the stock.