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


To: Fred C. Dobbs who wrote (33500)4/19/1999 1:09:00 PM
From: gordon gecco  Read Replies (2) | Respond to of 43774
 
i have a theory about the voume! by the end of today,this co. will have traded in the neiborhood of 1/2 a billion shares in the last 6 days.this means to me that the co. is flipping its total outstanding volume maybe as many as 3 times a day for the last 4-5 days.the majority of shareholder now are probably in no lower than .10-.12.so everyday the basement on this stock increases by .03-.05 a day.i cant see this stock ever going lower than .15.any other opionions?