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

To: Roger Bodine who wrote (16571)10/27/1998 1:53:00 PM
From: David Sirk  Read Replies (2) | Respond to of 43774
 
So now the story is that the Opening is Thursday and they are going to start filming comercials this week. So it is quite possible that we could be at this price for weeks to come.



To: Roger Bodine who wrote (16571)10/27/1998 1:54:00 PM
From: jhild  Respond to of 43774
 
I'm just curious Roger what they would be using for money, since there may not be any earnings as yet.

Typically buying back shares with earnings is a good way to enhance shareholder value. But if the money is coming from a third party, why would they want the money used to buy back shares, when they could buy those shares themselves, and not have to share any appreciation in value as a result, with the rest of the shareholders?


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