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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 28 9:30 AM EST
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To: Silver Fox who wrote (10083)8/1/1998 4:00:00 PM
From: Jim B   of 43774
 
yep.. only disappointing this in that with the ask price around 4cents.. that when we get back to 5cents where most of us avg..

those darn daytraders will have a 25% gain and probably will sell..

but who cares.. eventually the DD will be strong enough that the people willing to daytrade will be a nonfactor and that long term
investors (and by that I mean a couple weeks or months or longer as
we all have our own target prices); simply someone that will hold
for higher gains and give a fair market price for PRWT and not simply
look for a quick pop to 5 or 6 or even 8cents... we hit 12.5cents
weeks ago from .015 and I see no reason why PRWT should be trading
where we are..

I remain comfortable and confident with my position in this stock.. there's always a little nervousness that comes with seeing your stock go below your avg per share price.. UNLESS you have some extra cash
and can or are willing to avg down... at this point I'm maxd out on
funds.. so I just have to wait.. but unless I see otherwise.. my shares remain in tight hands.. along with those that I work with or am friends with whom hold hundreds of thousands of shares to millions.
so with each penny they lose or gain quite a bit more than us but
they KNOW that they couldn't sell those shares without TANKING it hugely .. obviously they aren't thinking of trying to sell anywhere
even CLOSE to where we are now.. that's alot of confidence in the
future of this company and the stock price... and I consider that
in my decision to hold as well..

jim
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