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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: Roger Bodine who wrote (16127)10/21/1998 12:20:00 PM
From: jhild  Read Replies (1) of 43774
 
Roger, being the students of hype that we all are, I found these comments over on Raging Bull particularly intriguing. I thought to post this excerpt on Thread Morons, but since it relates so specifically to PRWT, let me share this bit of twisted logic with you here:

John is a genius. Doing a 1:10 reverse now would take us to $0.20. The current psychology of the investors out there would prolly drift us back down to 2 cents in no time.

Waiting until we have revenues and news which boost us to 20 cents THEN doing a 1:10 would give us a $2 stock with the Psychology to support that higher price -- assuming the revenues and news are both good, IMHO.

209.67.31.6
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