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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 21 9:30 AM EST
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To: slotman who wrote (15732)10/16/1998 11:59:00 PM
From: Tomstocks  Read Replies (2) of 43774
 
To everyone WAITING for Press Releases???? When investors are looking for a quick buck, usually they are the ones crying about PR's. Good investing should be based on a company's management fundamentals & earnings to name a few, not PR's. PR's are the result of good things happening within a company so why not be concerned about what direction the company is headed and what they are doing to get there. The rest will follow if they have strong fundamentals. When a penny stock comes out of the pre-penny arena and is making reverse-mergers, acquisitions, closing contracts and other future growth practices they will eventually show good earnings (provided they are operating properly) which in-turn will increase share value. Long termers who are adequate investors usually know this and will not cry for a PR because they are intelligent enough to realize that you don't go from .005 to 1.00 in a matter of months. Plus they are not looking for it to run up .50 and get COMPLETLY out of their position. Patience can be an investors best friend especially the way the posture of the market is these days. Concentrate on what this company plans on doing and what they are doing to get there!! God Bless!
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