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


To: cmgibubba who wrote (35440)5/5/1999 3:31:00 PM
From: Sonny Birbarro  Respond to of 43774
 
Sometimes sophisticated investors,
especially those who are long,
like to split their shares in half or thirds,
especially if they are too long.
This is known as "shortening" or "shorting" for short.

It is simple math then that ripping their shares
in half or thirds increases the volume.

Sometimes they have to soak the shares in water
before they can be split in this way.
This is where the term "float" comes from.

Don't thank me.
Glad to help.

SB



To: cmgibubba who wrote (35440)5/5/1999 3:52:00 PM
From: barbara sperino  Read Replies (1) | Respond to of 43774
 
Yes it is normal. Infact its a bit light to what we sometimes trade. I show the average daily vol on PABN is right at 53 million.



To: cmgibubba who wrote (35440)5/5/1999 7:18:00 PM
From: DSPetry  Respond to of 43774
 
Bubba,
Check out this link....
bigcharts.com
Shows the Volume & price over the last 3 months.
(Ticker symbol changed to PABN from PRWT)
Is this volume Normal?? Thats hard to answer...Its not Normal based against 2 weeks daily volume, but below normal based on 6 month average volume.

Built a nice Base around 2 cents....Then flew to .22 based on heavy buying...

Has found, what seems to be another base around .11-.13

If you peruse their webpage, and look at all the things they are working on...You'd expect to see the price higher that its current base.

However, do your own DD.
Dave

PABN Website
panambancorp.com