PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: witurac who wrote (5631)	7/14/1998 7:05:00 PM
From: Silver Fox	Read Replies (1) of 43774

Lets see now, my feelings are a reverse would not be in the best interests for a young company or its investors. I feel that this company knows this. Most companies would like to move up to the to bigger exchanges, but the smart ones know that this takes time, They must secure a strong and solid foundation in order not to impact or cripple the stock price or its investors. I have recently spoken to the company myself in the long island office and from the conversation we had when posed this question they had no plans for this. Take a look at what happened to pkgp/usxp. The investors there got creamed on a day they felt was a day for hearing great company news Surprise Reverse 70-1. Many Investors felt betrayed and the stock price nose dived. Investors can make or break a stock. Bad news travels fast but most importantly people don"t forget easily especially when they lose money. The outcome now is that the stock price on pkgp/usxp is currently down. The price is bouncing between .75 to 1.25 from a pre reverse figure of about 2.85. It may take some time for the investors to regain trust in a company that pulled a surprise like this and caused so many to sell their shares in haste and anger. Go and read the thread!. I am Long on PRWT see you guys at the top!.

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