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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: *ROSARIO* who wrote (4768)7/7/1998 7:47:00 PM
From: BONGIZMO   of 43774
 
Simply put PRWT 'tanked' as you call it not from over hype or even due to you though maybe you would like to think you helped. Let's look at the situation, many shares of a prior company exist and that company's stock drops to .001, let's say no value for ease. Out of the blue the stock starts to move upward, a reverse merger takes place, and as we saw on this thread many people were not even aware of what one was, thus confusion is created. Now let's say I own a stock that has no value and suddenly it has value and I have no idea why, what is the normal human going to do, my 100,000 shares were worth next to nothing and now my broker, yes people still have those, calls and says I have 10,000 dollars and I should sell...GUESS WHAT I SELL, my original company is gone and I don't need to know why the stock is up I just am thankful I can get some cash out of that mess. Don't even try to relate this to PRWT as much of the selling has been of this nature.

The other possibility as you have mentioned is that the stock has appreciated greatly and as we all know...NO STOCK GOES STRAIGHT UP WITHOUT RETRACING, the important fact is that if this was a pure 'pump and dump' we still wouldn't be above a penny.

As far as me having hyped, you again are not reading closely and just getting all worked up over what you'd like to see posted by me and not what actually was written.

For your benefit again, PRWT is a highly speculative investment where we can lose all of our money or make such that we can change our net worth's to the upside. High risk yields the possibility of high returns. This is a disclaimor and you'll please note I use them regularly.
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