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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: bobkern who wrote (24001)1/24/1999 5:38:00 PM
From: t.rex   of 43774
 
Bobkern, My compliments on a job well done. It is very easy to say "What if PRWT is really a scam out to bilk investors", and not provide anything in the way of support; say for instance a conversation with company management or discussion with a business unit manager. It is much more difficult to provide substantive support for a point-of-view, which is why it is so seldom done by the bashers on these threads. I see that some former longs are bitter about PRWT, for reasons that they must deal with as individual investors. However, their newfound discontent bears no weight until they can prove allegations with more than innuendo. If PRWT has yet to turn out to be the lottery ticket that some investors had hoped for, too bad. They have no business now demanding that committed longs do the homework that they should have done in the first place. As I stated in a previous post on Raging Bull, I don't care if all the i's are dotted on PRWT deals. I trust Scmitz and think he has a plan. If all of the unknowns were known, PRWT would not be trading at .02. As an investor, I take advantage of the unknown by accumulating. PRWT is a huge risk. Anyone who buys a .02 stock that people speculate could go to .20 or .40 or .70 and does not identify this as a high risk investment is not grounded in reality. If this stock goes to .20 we are talking about a 600% gain or more for many longs. We're talking about a $10,000 investment possibly growing into $70,000 or more. Or $100,000 growing into $700,000. How about if it goes to .40 or .70. Risk? Hello? I would also add that anyone who makes an investment based on what is said on these threads is a very inexperienced investor or a fool, or both. No disrespect intended to anyone. Anyway, thanks for helping to provide some substance on the discussion of the reverse merger. t.rex
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