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: LegalBeast who wrote (12227)	8/19/1998 2:46:00 AM
From: Coaster123	Read Replies (1) of 43774

*Off topic* - to all: general question about penny stocks I don't have a huge amount of experience trading penny stocks, but in the last few months have noticed a trend with a number of stocks that bothers me. I've been accumulating PRWT for a while now and plan to continue as long as the upward potential is there. The trend I've seen in my limited experience is a large initial run as those who normally follow BB stocks discover a new stock with good potential. For example, this happened with PRWT. Also saw it happen with PKGP, MTEI and INFE. Once everybody was in, the stock was known and much of the DD completed, the stock would not respond as it did before, regardless of major positive changes in the company fundamentals. I'm assuming I see this trend across a number of stocks because my experience in pennies is fairly limited and I have only followed these few stocks. My question is, are penny stocks known to make major upward runs after the initial run when the stock was first discovered? That is, has anyone seen second or third major runs that rival the first due to positive changes in a company, well after the first run? Any examples will increase my comfort level while holding PRWT for the long term. Beany

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