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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 28 9:30 AM EST
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To: rockets who wrote (9515)7/28/1998 7:34:00 PM
From: BONGIZMO  Read Replies (2) of 43774
 
Good evening all, I'm late getting on but followed our PRWT closely all day. News was great and further shows what we need at this early stage in the company's life---REVENUES. I realize many of you are concerned about the price but as I have stated before--VOLUME PRECEDES PRICE MOVEMENT. News is great but often already factored in or sometimes need some time to be digested.

I'd like to add that we now have 16 MM's, this shows increased anticipation of activity in the stock. The stock is basing extremely well and the ratio of stock on the bid versus the offer was the highest yet. This tells us that somebody was taking in all the selling, we could not have had 6 million shares hit the bid and not be at .001 if he MM's were not supporting the stock. Either they have a large buyer or they are covering shorts. Relax because if PRWT is for real, this stock is getting spring loaded for a hell of a move.

Finally not to throw cold water on the party, the most important event in our stock's history will be when they fully report, I can't stress this enough because that's when the important facts and figures will be revealed and we will all be extremely well off or extremely depressed...
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