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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: Alastair McIntosh who wrote (10113)8/2/1998 6:09:00 PM
From: DealMaker  Read Replies (2) of 43774
 
Alastair:

What you are ASSUMING is that the Belizean govt., or better put, that part of the Belizian Govt that has put out the PR, is telling the truth.......just like us investors that are ASSUMING that PRWT is telling the truth that they have secured the govt's backing. If you are implying that PRWT is putting out an untrue press release or lying about it, you are no better of than those of us who feel the Belize PR is a lie. It's becomes an argument of my word against your word. It simply says that you have taken a side based on something you've read.......just like a lot of us have. A better way to ask this question may be, "Who is telling the truth?" Assuming that one side or the other is lying without knowing all the facts should be left to those who prefer to be irresponsible in their decision-making process. Most of those that own the stock might tend to believe PRWT management over the Belize PR since PRWT has followed through on most of what they have said they would do. Why would anyone buy into this company that's not reporting?......hmmm......maybe the stock price is a lot more attractive before it reports, and maybe it's a penny stock and has been pre-determined by it's investors that it has certain risk, or maybe the investor is interested in daytrading on momentum,etc. Like you , we all make our own choices. JMHO.

DM
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