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Microcap & Penny Stocks : Benz Energy (BZG.V)
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To: Elizabeth Andrews who wrote (270)6/13/2000 7:18:00 PM
From: Ed Ajootian   of 272
 
Benz was my worst mistake I've ever made in investing. Other bad mistakes were a coupla other companies traded in Canada, International Rochester Energy and Parkcrest Explorations. Fortunately I have found another investment which seems primed to make back all my losses. Figured out that if Panaco merely goes up another 60% from here I will be about even on all 4 investments!

Have learned a lot from these mistakes. So far this is showing to be true. Time will tell of course.

Not too late to join the PANA bandwagon IMO. It is still absurdly undervalued. Benz was (and still is), but the key is that PANA does not have so much debt that it is forcing them to the equity markets to stay afloat. That is what led to Benz' demise. When you have so much debt that you _have to go to the equity markets, you are toast.
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