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: Style Writer who wrote (22297)	1/7/1999 9:47:00 AM
From: bobkern	Read Replies (1) of 43774

Style Writer I hope you are wrong about PRWT not reporting financials until march 2000. I think this stock will need some positive financial information released to get it moving. I think you are wrong about "strong fundamentals and good news" keeping the price moving. This stock doesn't seem to move at all with good news. Look at its recent history. Good news and we see a quick jump to .035 range then just as quick drop to its current levels. This has happened every time from the news of the shareholders meeting in September, when we briefly saw .04, the opening of IT in Garden City, when we went to .035 range, etc. I don't know if this can be attributed to the size of the float or not. I do know that the MM's seem to have a fairly easy time controlling the share price with their games, convincing me that the float isn't nearly bought up yet. Yesterdays news from another company is the best example. We get confirmation of PanAmericans ability to provide up to $6M in funding, a great signal of the company being pretty solvent, and look at the end of the day price. It seems obvious to me that many are waiting on some financial information before gobbling up huge chunks of shares. This can probably be attributed to the nonstop postings of a jhild about the financials. Unfortunately, this has evidently gotten more than a few people to require these financials to eliminate the last doubts they may have in this company before getting on board. We all knew this was a long term play. The company is still very young and should be given time to achieve its goals. But, I for one, hope to see some financials long before your suggestion of 2000. Please share your thoughts on this. I would really like to hear them. Thank you and good luck! Bob

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