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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: Money Maker (MM) who wrote (3024)6/25/1998 3:18:00 PM
From: WVMayor  Read Replies (1) of 43774
 
Here is my take, for those who missed it earlier...

1) The initial run from .005 to .12 happened based on rumour and subsequent news. It ran up WAY too fast, so the correction was to be expected. There were enough people who knew more news was coming to hold it at .05.

2) Our next run was based on rumour of news again, only this time, the price was built into the news.

3) Why aren't we seeing more fluctuation today? Because this company is beginning to look very real to a lot of people. Most do not want to sell knowing that more great news is on the way. The upside is too incredible.

So here we are. I don't think we'll be very good for daytrading anymore. We should close right around .07, and I imagine tomorrow will be very uneventful, unless they announce their new web site.

Next week? More rumours... maybe a run up on some more news... but let's face it, PRWT looks like a great investment.

IMHO,

Mayor
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