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


To: Observer who wrote (33697)4/20/1999 2:36:00 AM
From: astheworldturns  Respond to of 43774
 
United we stand, divided we
fall.
-- Aesop, from The Four
Oxen and the Lion



To: Observer who wrote (33697)4/20/1999 2:43:00 AM
From: Michael E. Baldino  Respond to of 43774
 
for those concerned with the float............

Let's say for arguments sake there is 1 billion shares (I know there isn't but just a quick numbers game) It would not be unrealistic for a company like PABN to have a market cap of 2 billion dollars in the not so distant future......this would put the share price at 2.00

whats the problem??? longs probably are averaged in at .03 or less.....and probably have 20 - 50 grand in shares or much More!!!!
lets say the market cap is 1 billion.....thats a buck a share...
and that does not consider spike ups and a probably soon to be consumed float.

the longs are going to have the last laugh on the bashers!!!!
Laughing all the way to the bank

just my opinion of course