Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Story who wrote (9286)	7/28/1998 10:43:00 AM
From: Currency	Read Replies (2) \| Respond to of 43774

I fail to see why the questions on the float keep coming into play. It's not that I don't disagree with your question and not that I don't understand why it's being brought up. Here's why... The stock is at 5 cents or there abouts. How much does it take to dry up the float? Or, better yes, I can say, somewhere between 1/2 and 3/4 of the flaot are stashed away in long term investors that are holding LONG. So, what's that leave us.... maybe as few as 30M to trade? And now that it's at 5 cents, now we talking about very little cash to buy that and trade it and make it move. Then, when it reaches the quarter range, rumor is that John will address this issue with a possible share buy back, cancellation, or something to that effect.