Panaco Corp (PANA) Message Board

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Gold/Mining/Energy : Panaco Corp (PANA)

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To: MarcG who wrote (67)	7/30/2000 2:17:33 PM
From: Ed Ajootian	of 115

The PANA stock price chart is showing all the earmarks of a coiled spring that is ready to explode on the first hint of good news. All the other high-profile O&G stocks have crashed & burned with the downswing in natgas prices but PANA is stubbornly holding up. I've cast my lot with TMR with respect to recent energy buys, but will dump that in a minute if their 2Q earnings release does not power that stock up. Money from selling TMR will flow into PANA if it is still under $1.55 at the time. All those poor slobs that had buy orders in at under $1.50, waiting for what looked to be an inevitable dip in the price of PANA, must be shaking in their boots now. Do they climb the ladder or wait until Wednesday? Only thing that could drag down the stock price now would be an unfavorable AGA number on Wednesday.

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