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: Data Miner who wrote (9379)	7/28/1998 8:57:00 PM
From: Jim B	Read Replies (2) of 43774

<<(of which at least 1/2 is held long term by a few investors if we buy what some of the people on this thread are saying).>> I know these people.. YES... at least 65 to 80milllion shares now held by about 6 long term investors that from talks/communications with them.. they aren't looking for just a double from this point.. I'm sure they'll take some profits along the way... but their price targets are pretty high... I don't like making price projections.. so I won't even on their behalf.. but it's safe to say one wouldn't buy 2million or 5million or 12million or 50million if they didn't believe in the long term potential of PRWT... just think about it.. does anyone really think that these investors would be dumb enough to buy THAT MANY shares with the hopes that the stock would only goto 10cents... they wouldn't be able to sell 10million shares without tanking the stock back to 2cents.. my opinion of course... but MMs almost always bring the stock down on much less volume than it takes to move it up.. is this reason enough to be in this stock??? nope.. but it should be considered.. at least I am.. but like you said.. you're trusting me and these people that claim to know that these many shares are in tight hands... take care all.. jim

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