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: ROSARIO who wrote (15172)	10/10/1998 6:31:00 PM
From: Rock_nj	Read Replies (1) of 43774

My prediction is that PRWT isn't going to make a sustained move higher until they consistently deliver growth in revenues and earnings. Stocks go up because there are people out there willing to buy them. The vast majority of investors will not touch pennystocks; therefore the potential buying power is limited for pennystocks like PRWT. It would take a tremendous amount of buying to push PRWT up by 10 or 20 cents. Look at how much volume it took to get it to 12.5 cents back in June. Do you actually think we'll see that kind of volume any time soon, and that the price will sustain itself at the higher levels? I don't. Most pennystock buyers are speculators like yourself who are looking to make a quick buck. These kind of trading practices do not sustain higher prices. Have fun pumping up the price of PRWT. When it rises and loses momentum, you'll dump it like you have in the past. LUV YA YA FRAUD

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