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


To: ISOMAN who wrote (10903)8/8/1998 1:12:00 AM
From: ISOMAN  Read Replies (1) | Respond to of 43774
 
Hey Folks does this historical chart look familiar?

5/20/98 .360 .390 .400 .310 1,849,100
5/19/98 .400 .415 .420 .385 1,324,000
5/18/98 .410 .400 .440 .390 2,703,300
5/15/98 .380 .390 .400 .340 2,078,700
5/14/98 .365 .350 .380 .310 2,788,000
5/13/98 .320 .260 .350 .240 2,013,800
5/12/98 .250 .270 .290 .200 2,981,400
5/11/98 .280 .330 .345 .240 3,219,600
5/08/98 .360 .370 .390 .280 1,890,700
5/07/98 .380 .350 .400 .260 5,533,000
5/06/98 .390 .570 .580 .365 9,032,400
5/05/98 .500 .320 .610 .310 11,982,300
5/04/98 .300 .290 .340 .250 6,206,200
5/01/98 .235 .210 .260 .190 6,366,200
4/30/98 .192 .137 .200 .135 6,166,800
4/29/98 .130 .125 .150 .120 4,327,300
4/28/98 .122 .105 .130 .100 4,017,000
4/27/98 .102 .085 .112 .085 2,382,000
4/24/98 .085 .085 .090 .075 1,145,500
4/23/98 .080 .082 .090 .080 704,100
4/22/98 .080 .090 .090 .072 1,669,500
4/21/98 .077 .087 .087 .075 550,200
4/20/98 .080 .085 .087 .080 326,800
4/17/98 .085 .090 .090 .070 700,200
4/16/98 .077 .087 .090 .077 869,400
4/15/98 .087 .090 .090 .075 288,300
4/14/98 .080 .070 .090 .070 399,800
4/13/98 .070 .070 .080 .070 390,400
4/09/98 .080 .080 .085 .030 335,600
4/08/98 .070 .085 .085 .065 1,067,700
4/07/98 .085 .080 .100 .078 1,966,100
4/06/98 .080 .080 .100 .067 2,133,200
4/03/98 .072 .072 .072 .065 512,000
4/02/98 .065 .075 .080 .065 761,300
4/01/98 .078 .080 .080 .070 139,000
3/31/98 .080 .080 .080 .070 431,000
3/30/98 .075 .082 .085 .070 459,700
3/27/98 .080 .075 .085 .070 555,200
3/26/98 .075 .070 .075 .060 1,071,100
3/25/98 .060 .075 .080 .060 510,800
3/24/98 .077 .077 .085 .075 187,500
3/23/98 .077 .082 .085 .075 979,100
3/20/98 .080 .082 .090 .078 762,100
3/19/98 .078 .092 .092 .075 1,040,700
3/18/98 .080 .070 .090 .060 1,165,900
3/17/98 .070 .080 .090 .065 1,640,200
3/16/98 .090 .107 .117 .080 2,889,400
3/13/98 .108 .110 .125 .100 2,330,300
3/12/98 .105 .090 .150 .090 3,208,700
3/11/98 .100 .070 .105 .067 2,002,900
3/10/98 .067 .072 .075 .066 900,600
3/09/98 .070 .062 .080 .060 1,529,700
3/06/98 .064 .075 .085 .055 1,985,900
3/05/98 .068 .040 .110 .039 6,629,300
3/04/98 .039 .047 .047 .038 733,000
3/03/98 .040 .045 .048 .040 570,600
3/02/98 .040 .050 .050 .037 468,300
2/27/98 .037 .047 .049 .037 156,000
2/26/98 .037 .040 .046 .037 193,300
2/25/98 .035 .050 .050 .035 472,100
2/24/98 .035 .040 .050 .035 482,900
2/23/98 .040 .045 .050 .040 199,000
2/20/98 .050 .053 .055 .041 641,700
2/19/98 .040 .052 .052 .040 635,000
2/18/98 .051 .056 .060 .040 378,000
2/17/98 .058 .060 .070 .055 1,093,000
2/13/98 .058 .042 .058 .042 1,124,200
2/12/98 .041 .045 .046 .041 397,900
2/11/98 .045 .055 .055 .040 895,600
2/10/98 .050 .055 .055 .050 479,800
2/09/98 .050 .055 .055 .050 368,500
2/06/98 .055 .051 .060 .051 334,500
2/05/98 .051 .058 .058 .050 510,000
2/04/98 .055 .060 .062 .050 422,000
2/03/98 .055 .065 .065 .055 425,000
2/02/98 .057 .060 .063 .056 551,000
1/30/98 .062 .059 .065 .059 588,000
1/29/98 .060 .061 .064 .060 230,000
1/28/98 .064 .067 .067 .059 697,100
1/27/98 .065 .067 .070 .062 660,500
1/26/98 .067 .072 .075 .067 528,500
1/23/98 .072 .080 .080 .067 631,500
1/22/98 .072 .080 .080 .070 511,300
1/21/98 .078 .090 .090 .072 640,900
1/20/98 .092 .080 .095 .080 707,500
1/16/98 .080 .080 .090 .070 805,100
1/15/98 .080 .075 .080 .067 875,000
1/14/98 .072 .070 .075 .065 1,190,600
1/13/98 .067 .067 .070 .060 847,500
1/12/98 .067 .075 .075 .062 543,300
1/09/98 .070 .085 .085 .070 916,700
1/08/98 .085 .077 .085 .072 782,500
1/07/98 .080 .095 .100 .070 578,700
1/06/98 .080 .090 .105 .080 221,000
1/05/98 .090 .100 .110 .090 268,700
1/02/98 .100 .095 .120 .095 351,900
12/31/97 .087 .080 .087 .075 278,500
12/30/97 .080 .075 .085 .075 442,500
12/29/97 .082 .080 .085 .072 435,300
12/26/97 .090 .085 .090 .080 73,000
12/24/97 .085 .095 .095 .085 142,500
12/23/97 .090 .095 .100 .085 856,000
12/22/97 .090 .105 .105 .080 485,500
12/19/97 .105 .105 .115 .100 446,400
12/18/97 .105 .120 .125 .105 320,500
12/17/97 .112 .101 .120 .101 583,000
12/16/97 .110 .120 .120 .100 686,500
12/15/97 .115 .130 .140 .115 413,000
12/12/97 .137 .127 .137 .115 856,400
12/11/97 .127 .132 .132 .110 682,500
12/10/97 .132 .140 .140 .132 771,700
12/09/97 .135 .120 .140 .120 1,201,000
12/08/97 .122 .130 .140 .110 457,300
12/05/97 .125 .115 .130 .115 333,200
12/04/97 .130 .130 .137 .115 498,000
12/03/97 .130 .155 .170 .120 528,400
12/02/97 .155 .160 .170 .155 328,200
12/01/97 .175 .182 .182 .160 490,900
11/28/97 .165 .180 .190 .165 307,500
11/26/97 .180 .175 .180 .160 476,500
11/25/97 .180 .200 .200 .175 442,600
11/24/97 .180 .180 .200 .170 581,400
11/21/97 .160 .198 .200 .160 352,500
11/20/97 .200 .155 .200 .155 219,200
11/19/97 .155 .190 .200 .140 815,500



To: ISOMAN who wrote (10903)8/8/1998 1:49:00 AM
From: ISOMAN  Respond to of 43774
 
Note how from mid December 1997 to Late April of 1998 the price hoved up and down over and over again between 3 cents and 11 cents. And then one day it shot up to 60 cents.

It isn't Panamerican, but the MM working it are some of the same that are working PanAmerican now.

The stock was GLOW, global games.

If you are wondering why the roller coster ride, it is simple...

Market Makers usually only make money by collecting the difference on the spread.

If continuous buying is coming in, obviously they raise the price. If the buying slows, or stops, they start to drop the bid. Even short the sales near the top, in anticipation of the downtrend coming.

Remember they see all buy and sell orders that are coming in.

It is in a MM best interest to keep the volume coming in. They don't care if it is going up, or going down, they can make money both ways.

Best way to prevent massive price slides....

don't sell at low prices.

A market maker needs to buy shares from YOU to sell to someone else. If he can't buy from you or anyone to fill the order, what does he do...

raises the bid to perhaps entice you to sell, or ....naked short...

How many times have you seen the ask at a certain price, so you put in an order to buy at the ask, but yet, it doesn't fill.

Simple answer, they couldn't find a seller to get shares for you, and they didn't want to short the shares to you(naked).

So what happens...you put the order in at 10 cents, and the bid is 9. Your order sits there not filling. Then all of a suddent the bid raises to 11 cents and the ask jumps to 13 cents. so you put in an order to buy at 13 cents..still no fill. but you see an order go buy for 11 cents, and a fill a minute later for 13 cents.But yours doesn't fill.

then the bid raises to 13 cents and the ask raises to 15 cents.and you don't fill? You baffled. You call up your broker and say "hey what are you guys doing, I've had orders in at the ask and it isn't filling" They give you a lame speech about the OTC being a MM run system and orders are not guaranteed to fill blah blah (mostly because the retail order takers (brokers ) for the most part don't know how the market really works.

(most brokers are given a computer screen and a mirror when they get their jobs. A screen to quote prices, and a mirror to watch them starve to death)

so you see the ask is at 15 cents. "Fine you say. put in an order for 16 cents."

Next thing you know, you fill at 16 cents . (coincidently, the bid was raised to 15 cents prior to your fill, and the ask became 16 as your order filled.

This is what happens to a stock when it is going up.

When It is dropping, it is the opposite. Lots of sell orders are lined up, but not enough buy orders.

So what does a MM do to entice someone to buy, when no one is looking to buy...

Drop the ask (and the bid with it)

God help anyone with a sell order in that is a market order.(or a buy order at market)

that is the world of OTC BB.

now how will Isider Trading help with this?

First, people will be direct to the floor. With Nasdaq, level ii, they'll know who is working the stock, all the different prices offered and asked.

They'll be able to put in a bid at the price they want, without having to get a broker to put the sell or buy for them.

They'll be able to actively go in and grab some of the sells coming in that they would normally miss because they are two steps removed with conventional brokers.

It will be so much easier for people to see what the trend is in the stock.