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


To: Gordon Gekko who wrote (17248)11/4/1998 11:45:00 AM
From: Justin V  Respond to of 43774
 
I have purchased in the last week, but I hope you are right about the company buying back it's own shares.

I am not starting rumors so don't quote me, but there are several reasons they MIGHT buy back shares. I hope it is for the one we'd all love - retiring some shares to reduce the shares outstanding number. Wouldn't want to publicize that or it would cost the company. Two, they might need more shares in the treasury to make future acquisitions.

Either way, I'm happy with new investors OR the company buying back shares on the cheap.

Justinv