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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: barbara sperino who wrote (10854)8/7/1998 5:29:00 PM
From: xbrent   of 43774
 
Where from here: I think that we will see more heavy lot buying next week. Meaning trades of over 500,000. I think that there is a good chance that Belize will be further clarified. (Personally, I never cared much about Belize one way or the other, it is one of many countries being worked at and is indicative of strategic path to me primarily) I think that the company will indicate other developments or acquisitions with earnings potential. I think that the company will continue to demonstrate that they are building a comprehensive financial services organization. I think that earnings per share potential will begin to emerge. I think that I T will continue to appreciated by the investment community. When the ads hit CNBC the stock will go ballistic. Nothing is a straight line and so at the slightest hint of a slow down the resident complainers will appear.
I think that we could easily sprint to something past .20 with the CNBC thing. It might spike there and then fall back into the teens.
Many people think that the stock is a .50 cent stock in the longer term. Most people think that more than 50% of the float is owned by long term share holders with a double digit month or longer horizon.
With continued heavy (10 M) volume we will dry up the float without trouble. MM's know the potential of this stock and will let it run.
If China devalues, Al Gore becomes president etc. we will have our days, but PRWT is one of the best BB investments going. Meaning where else can you have an excellent chance of a 4 or 5 bagger from here.
As Lee Iacocca used to say, if you can find a better stock go buy it.
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