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

To: David Sirk who wrote (8414)	7/25/1998 12:45:00 PM
From: xbrent	Read Replies (2) \| Respond to of 43774

I disagree that they are stock rich. Should three people buy 100,000 shares each in a five minute period you will see the stock move. You can spot trades over 50,000 shares because they will take 5,000 and then sell the remainder when they feel like it at a higher price. Five minutes later you will see a buy go thru for 45,000 shares. That occurred because someone put in a buy order for 50,000 shares. The same thing happens if someone ordrs 250,000. You will see a 5,000 share buy and then ten minutes later a 245,000 share buy. Anyway, after many ten million share days this stock is pretty well bought up. Every time a million trades a chunk goes into someones permanent holding group. I think that the float is dried up. Here-to-fore lots of orders would go thru and not move the stock at all. Right now if a 500,000 share order came in it would move the stock a .01 My experience from the shake out when the Belize problem first happened indicated that their was considerable resistance (buying) anytime you get into sub .05 Watch again this week, it will quickly go above .05 MM's will move it back down anytime they think that they can buy on the cheap. The folks exited for the weekend gave them the perfect opportunity. They bought again below .05 and they will sell it back to us in the mid .05's and higher.

To: David Sirk who wrote (8414)	7/25/1998 5:27:00 PM
From: alan hardy	Read Replies (1) \| Respond to of 43774

David, MM does have a pretty strong hand in calling the price of a stock, BUT, in order for them to buy it cheaper, you got to have people who are going to sell it cheaper. Right now, I don't think any of their MM budies are prepared to sell cheaper, nore are any of the major stock holders. The price is what share holders have decided is fair value for now, without any concrete developments to say otherwise. Price has held through a couple of days of BS, Even settled back down after IT PR. I belive thats the way you'll continue to see it untill something else substantial happens.