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

To: John-marc who wrote (8394)	7/25/1998 11:29:00 AM
From: alan hardy	Respond to of 43774

John-marc, I do readilly admit that there are exceptions to the rule. Small capitalized co.'s with small floats could easily be manipulated with a bit of solidarity from traders, but that happens very few ,far, and inbetween . I suppose most penny stocks are suseptible to that, but penny stock traders/investors are a drop in the bucket compared to the big picture. concerning PRWT, I would have to say that if any individual, or solidified group of individuals own enough of this stock to be able to manipulate it, most of you are going to get burned, or at the least not get anywheres near the return that you were hoping for. And that would have to be one heck of a lot of shares we're talking about here. and all those shares would have to move in unison, AND, you would have to have MM obey the volumn/buy/sell logistics to move the price, which I don't see much cooberation on their part to move it much one way or the other, yet, even with all the "Official Press Releases" going on. On the whole, private investors only "ride the wave", and have to be astute, and obedient to the big money. And if anyone here, or listening to any thread, anywhere, had the big money to move stock, you wouldn't find them in penny stocks.