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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: J T who wrote (11034)8/9/1998 8:59:00 PM
From: lakers17  Read Replies (4) of 43774
 
PRWT investors beware........

I have been in SI for about two months and all these penny boards are the same. Wild claims, hypsters, cheerleaders, promoters etc. Beware of any poster that continually posts. For your own protection do your own DD and be very cautious of claims by certain posters. No one can really predict what will happen with these penny stocks. Flip a coin. Beware of posting from David Sirk and Rosario. While some of their information is right most of what they post is only their opinion. I prefer to read posts from Jim B. who is a voice of reason and doesn't make wild claims. On all these penny threads you read claims of stocks under .05 going to $1 a share or more. This rarely happens. Posters are playing with your emotions and feeding you a lot of BS similar to a get rich quick concept. The stock market rarely works this way and penny stocks fall back to earth or go through reverse splits. So don't get greedy and foolish. If PRWT does have a nice increase sell some and lock your profits in while keeping some shares. Be very careful about buying shares at much higher prices. Most of these penny stocks come right back down far from their 52 week highs. Look at EDII when it went straight up to .80 and MTEI when it went to $1.75. People thought they were going to be instant millionaires. Don't get greedy and don't believe a lot of the hype you read on these boards. Take some profits on the way up, keep a core position of shares and put your profits into your next pick...And always diversify. Don't put all your investment dollars into one stock in order to get rich. 99.9% of the time it is not going to happen.

Lakers
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