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


To: jhild who wrote (25247)2/5/1999 4:43:00 PM
From: astheworldturns  Respond to of 43774
 
Let us examine your statement Sir. There were 800k and 1M sells... We are not speaking in terms of the kind of money an institution would invest. Institutions in general invest much more than this and tend to steer clear of the pennies. Enlighten me Sir, what kind of institution is selling.



To: jhild who wrote (25247)2/5/1999 5:45:00 PM
From: Valkyrie  Read Replies (3) | Respond to of 43774
 
jhild...lets assume the company has shares that they can sell now...nobody in their right mind, in that position, would be selling them now...they do have a certain amount of control...i.e. they can release something to make the price go up, even a little, and then sell for more...reason dictates it is not the company...to me anyway...