Panaco Corp (PANA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Panaco Corp (PANA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jane4IceCream who wrote (63)	6/8/2000 7:04:00 AM
From: Ed Ajootian	Read Replies (1) of 115

Freeway, I believe it is now unrealistic to be holding out for this stock to dip under $1. It has formed a solid base right at the $1 mark and I would be stunned if it ever closed under that quote again. This stock is getting stale and it needs some new fans IMO. Everyone here as already either bought all they want or is holding out for a dip to some unrealistically low price and will probably never buy. Starting in August they should be at a point where there will be a slew of news coming out due to the increased pace of drilling. I believe the company should embark on a hype campaign to heighten exposure of the stock to the retail investor. Even though I use the "h" word this can be done in a professional manner. For example, Investors Business Daily has this section in the back where companies pay to reprint their recent press releases, and there is a coupon to order more info on any of the companies featured. I believe Barrons also has this. The key here is that you gotta commit to doing this for several months, during which you run at least 3-4 releases. I believe this would be an effective way to get the PANA story out to more folks. What does the Board here think about this? Hype generally is only effective if accompanied by a series of significant news coming out from the company. I believe there will be such news coming out on PANA from August on. Heck, even the quarterly earnings reports will be significant. PANA should start a practice of sending out a little 3-fold brochure at the end of each quarter, which could have a brief letter from Larry and then just show abbreviated income statment, balance sheet, and production stats. I get one of these from Comstock Resources and it looks like its just done on a laser printer for cheap $, yet the additonal info. is welcomed. This company has just been through a tough time but I believe now it should loosen its grip on its bank account and let the money flow a bit more freely, and increase that Investor Relations budget.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next