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

To: ColleenB who wrote (20645)	12/14/1998 9:54:00 AM
From: jhild	Read Replies (1) \| Respond to of 43774

Now the beauty of shorting off shore through another entity is that you don't report until you actually sell the shares. So you the holder just sit through the restriction period and then file to sell when the time is up. Meanwhile, the foreign entity has already sold short. No filing needed there. And the money is back safely in your account ready to flip yet another such transaction. Another possibility not yet considered is that a major shareholder may be selling to clear his/their name from the books for when the company actually does file with the SEC. Then they are not on record when the filing occurs.