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


To: jhild who wrote (36775)5/21/1999 1:36:00 PM
From: PCModem  Respond to of 43774
 
I'm impressed. Thank you. Keep up the good work.

You are right, the real question is: Where did the money come from? I agree with you that they have indeed accomplished a lot with that money. Resurrected a dead brokerage, put together a team balanced by both youthful enthusiasm and maturity gained from the school of hard knocks, or so we all hope. I forget which kind of bankruptcy a Chapter 7 is? Is it the one where he pays back all the bills or is it the one where he walks away from them (a Chapter 13 I think)?

Setting aside for a moment the source of the money, it seems they are putting the money to good use.

I think you may have left out one thing though. You've done an excellent job of outlining how the money has been spent and you've asked a very important question which every shareholder who cares anything about this company wants answered as soon as possible: "Where did the money come from?" What I also want to know is this: Exactly what money are you referring to? Thanks again.

PCM

GO PABN!!!



To: jhild who wrote (36775)5/21/1999 1:55:00 PM
From: Howard C.  Read Replies (1) | Respond to of 43774
 
Not judging the merits of any of your research, the results so far in terms of the affect on the stock price have been nil. PABN hold its own, and today in fact is up. How do you account for that?



To: jhild who wrote (36775)5/22/1999 11:38:00 AM
From: ColleenB  Read Replies (1) | Respond to of 43774
 
Just gathering posts, MM line ups from Jan 4, 1999 - present

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To: jhild who wrote (36775)5/22/1999 4:59:00 PM
From: ColleenB  Respond to of 43774
 
And Lordy be, Carlin (CLYN) that didn't have a record of making a market in PABN blossomed from nowhere last month to trade 100K shares. Coincidence? I think in good part, as the volume has been increasing across the board. Suspicious?

Even more curious is that CLYN has not shown up on one trading log posted for PABN/PRWT that I can find. Although, 100K shares is nothing to brag/worry about, not exactly what anybody could consider a big spender. A few weeks ago this could have been an amount between $1,000 and $2,000. But, curious nevertheless.