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Gold/Mining/Energy : Panaco Corp (PANA)

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To: Selfop who wrote (38)3/8/2000 10:59:00 PM
From: Ed Ajootian   of 115
 
It is for the long-term good of the stock price chart if PANA pauses here at the $.90 mark for a good week or two, in order to shake out the short-term traders and the weak holders. We want those types out of this stock now so they don't get in the way of the next leg up, which will begin on 3/24 when the company announces 4Q numbers.

As we know, 4Q will be nothing to write home about, but it will serve as a catalyst to the rally since it will signal (finally!!) the end to the bad news that has haunted this company for the last year and a half.
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