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

To: barbara sperino who wrote (1416)	6/18/1998 1:12:00 PM
From: Lucky	Read Replies (1) \| Respond to of 43774

Actually I can't wait for the news.That's when all the selling starts and I can cover a few days later. Question.What happens if no news comes tomorrow? Typically stocks with pending news that everyone here is waiting for increase in trading volume every day up to the news release.The tape is telling me news won't be coming so soon.Be carefull. 10 cents is providing resistence here.I would sell here and pick up the stock again on the other side of 10 just to be safe.Let the stock show that it can hold above 10 cents before getting back in.That way you can lockup gains for now just in case a selloff occurs now and you cannot find any buyers on the way down.That is the way to play this now as we are teetering at 10.Same goes for me.If PRWT can show strength above 10 then I will cover and reshort higher.