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

To: Data Miner who wrote (9381)	7/28/1998 1:13:00 PM
From: LegalBeast	Read Replies (2) \| Respond to of 43774

I have a theory on this price delemma ... try this one on and whomever has Level II .. can you tell me if this may be happening? OK, here goes: We know that there are a lot of folks that are still skeptical because of the recent fiasco. So in comes a really great piece of news, and the MMs do their naked shorting thing, not allowing the price to rise. Then when frustrated investors decide that there must still be problems that others know about but they have not yet found out, they sell. This allows the MMs to sit still and rake in the money! And we, the investors, get screwed in the process!

To: Data Miner who wrote (9381)	7/28/1998 1:15:00 PM
From: xbrent	Respond to of 43774

A few weeks ago I put out feelers on the thread to those who owned over 250,000 shares, and over 500,000 shares and over 1 m shares. Over the course of the next week, I got PM's and posts on the thread regarding people who owned those amounts. I can't verify anything because I can't prove anything. Almost all the messages I got were credible. One for a few million might be suspect. But anyway, I put togethor those PM's plus the posts plus circumstances I believe to be true and calculated that perhaps 1/2 the public float is owned by 24 people , maybe it is 45% owned by 30 people, the concept is the same. Most of these large investors are in this stock for the long haul, as in double digit months, and are not taking a flyer on this stock. They know enough to put alot of money in it. I am not hyping or making this up, those are my assumptions and an idea of how I arrived at them.