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


To: Selfop who wrote (1119)6/17/1998 8:39:00 AM
From: Alan Lions  Read Replies (2) | Respond to of 43774
 
Email from "Penny Stock Man" PRWT..


We just wanted to keep everyone updated on the (PRWT) Pure Water Sciences
International watch !!
Again today we had volume over 40 million shares and another price increase to
.07 .
I must say I have been involved in some nice penny stock picks over the years
and have achieved some nice returns, and as we have stated many many times
before unlike most stock people we choose stocks that are volume driven. PRWT
has at times been a slumper and at other times turning decent volume as well.
However the most exciting thing to me personally is to watch a pick that gives
me results quickly. to most of you I am sure you are saying ..."well geez
Penny Stock Man that is what we want all the time is a quick return" .
However as we all know is that we also may sit for quite a while before a pop
may occur. PRWT is showing us that exciting movement driven by pure volume
and buy trades. What I cannot believe is that the market makers involved and
holding millions of shares have not yet taken their profit which would result
in millions of dollars for them, and that alone shows a pure sign of better
things to come. I know of quite a few people that even bought in today at the
.064 to the .068 range, a far cry from our reccomended price of .005.
Two days in a row the stock price has fallen about an hour before closing and
then has done a great recovery before the close ...that is not only showing
interest but strength . The one thing that we are a bit baffled at is there
has not been ANY major profit taking as of yet and as most of you know it
should of been done at the .04 to .05 range. Again for very cheap priced
stock, people are holding firm, that only tells us one thing..... that there
should be more to follow. we are moving our target price to .30 to .35 with a
few good pops and announcements we feel the interest will be there.

Good Trading Days Ahead