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: ISOMAN who wrote (20610)	12/13/1998 8:44:00 PM
From: ROSARIO	Read Replies (3) of 43774

As you know the tax loss selling is only part of the problem. We can only guess at this point what Pan Am's financial condition is, however based upon the 30,60,90 day charts they pretty well tell us that PRWT has major problems. The 3/4 of a billion of authorized shares, IMO is PRWT's biggest problem. As I stated earlier this month there is nothing to support this stock and the buyers will not be back until the financials can be verified. Press releases and calls to Mary,Insider Trading, John Schmitz, will have no effect on the stock at this point. Many of us have been lied to and mislead during these conversations. IMO, the if John S, wanted to put a stop to major sell off he would release financial news that can be verified and or conduct an immediate investor conference call. What are your thoughts on PRWT tanking another 30% last week? Best Regards

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