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: David Sirk who wrote (10860)	8/7/1998 5:48:00 PM
From: xbrent	Read Replies (2) of 43774

If anyone bought this stock in anticipation of a specific new release on a specific day I think that they are in the wrong stock. PRWT is going to develop over a period of days and weeks not hours. I am not interested in buying and selling from the news. If others care to do that fine. The party (s) who bought 1.6 M and over 2 M shares today did not buy it to sell after the next news release. The large, multi million shareholders, are not following the news except conceptually. There are stocks that you buy on the rumor and sell on the fact. PRWT will have lots of rumors and facts so you will be buying and selling all the time. Half of your calls will be right and half won't. A stopped clock is right twice a day. When many first bought PRWT it was a quick buck stock. It may be that for some, but the majority of the shareholders are looking for some serious money in the longer term not a fast dollar.

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