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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: Howard C. who wrote (40445)8/16/1999 7:20:00 PM
From: Prefabhomes  Read Replies (1) | Respond to of 43774
 
jhild will always be around...dont you worry....:)



To: Howard C. who wrote (40445)8/17/1999 12:38:00 PM
From: PCModem  Read Replies (1) | Respond to of 43774
 
"But if everyone agrees it's a buy, who the hell is going to fight?"

j and c will fight with anyone who says anything positive, they dispute (fight is too strong) with each other already, and as has been done in several posts the past couple of weeks j has even taken on j.

However, they will never "agree" it is a buy, at least not publicly. Instead, IMHO when the next run happens, as happened during the last run, they will disappear for several days while they trade the stock and profit from their months of bashing activities.

Those who buy and sell this stock based on technicals (ISOMAN, rosario/prefab and maybe Currency) will always "agree" the stock is a buy if the price is low enough. The difference of course is that ISOMAN is a gentleman and a scholar, rosario/prefab is _____, ______, _____, and _____. And Currency has the discipline to keep his own counsel for the most part.

Those who believe the company has a chance to do really well at some point in the future, the long term longs, hate to see the price go down, but will see it as a buying opportunity if it gets low enough.

The nervous nellies will probably panic and sell when the price drops, or after it recovers a bit and once again they will be left out of the benefits of the run when it happens.

This stock seems to have a 4 to 6 month rolling cycle, regardless of the progress the company is making in building its business. I expect that cycle to remain in effect until the company becomes a reporting company. Then I expect the cycle to change dramatically.

Here's what think about the price: I think it will drift down to the 2 cent level until we get some news and/or financials. Personally, I don't see it going below 2 cents -- too many will see a short term play and will artificially generate a lot of activity -- a game of "musical shares" will ensue until news and/or financials are released.

I could be wrong. I am not a technician, but that's what I think will happen in the short term.

Longer term: if we get good news and good financials we could climb to .30 to .50 within a week or two. That's based on unconfirmed (and unconfirmable) reports that a bit more than 1/3 of the float has been purchased by one investor and his immediate family. And I understand they are still accumulating. IMHO circumstantial evidence supports the report, but that's as far as it goes.

We'll see.

Hey, did you see where in the j universe I'm "supposed to be a tout"? Can I call 'em or what?! j sounded shocked that in the real universe I'm not living up to the pronouncements of the god of the j universe.

I occurs to me that it is really no wonder that j has been suspended so many times and had so many posts removed for violating the Terms of Use, not to mention being kicked off RB(!) here in the real universe. I guess those pesky rules don't apply to j in the j universe. Which makes sense if you think about it...why should a god be submissive to such mundane and unimportant things as someone else's rules?

PCM

GO PABN!!!