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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: Janice Shell who wrote (4515)7/6/1998 8:05:00 PM
From: xbrent  Read Replies (2) of 43774
 
Regarding shares outstanding. If one invests $10,000 and has a 10% return that is a good investment according to most people. If you own a thousand shares or 10,000 with your $10,000 as long as your return is good does it really matter how many shares you own to get there?
Also PRWT is a profitable operating company with excellent potential. If they capture a large market share of mortgage business in Latin America alone that would propel the stock price nicely. Furthermore, if their new US mortgage plan works that would be even more impressive. Alot of mortgages are written in the US. I am more confident with sucess in Latin America right now. The margins are so good I assume that competition will heat up for them. The U.S. mortgage operations are yet to be proven. PRWT is late to market with electronic trading. They will have to find a unique nitch. If they are able to offer streaming tick by tick, stock by stock, real time data along with the electronic brokerage they may have something. Last time I looked my data bill was over $200 per month and I have spent $6,000 in brokerage fees year to date. Looks like some people are making a nice profit from me it might as well be PRWT if they can do it for less. I hold considerable number of shares in PRWT because I think that they have the Latin American market share in mortgages and I am waiting to see how the U. S. mortgage business and the elctronic trading play out. Meanwhile @ .06 PRWT is a legitimate profitable operating company. How many other BB stocks below .20 can say that?
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