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


To: myturn who wrote (2091)6/23/1998 12:36:00 PM
From: Currency  Read Replies (1) | Respond to of 43774
 
WOOF!!! We're tracking down that PRWT animal now for round 2!



To: myturn who wrote (2091)6/23/1998 1:16:00 PM
From: Tomstocks  Read Replies (4) | Respond to of 43774
 
Watching this thread for the last 2 months & decided to join! One of our research analysts in our firm checks out the internet for information on stocks in our portfolio and that's how he came across SI and brought this site to my attention. I think this is a great service for all types of investors (even professionals), as it can eliminate rumors and spread the good word (sometimes before it is released). I've been doing this for over 20 years and now hold a position as a portfolio manager with our firm.

I would just like to mention to all of the investors out there that I spoke with John personally and have a good feel of where this company is headed as we are planning to acquire positions to total between 4 & 5 million shares. This morning I spoke with him because of the amount we are getting into and this being a Pennystock company (sort of speaking). There is no news coming out soon as John told me that everyone is pressuring him to put it out and he and I both agreed that investors like that to happen so they can push the price up and take their profits then when everyone does that the price goes back down, well this is not suppose to be turned into a daytraders stock but that of a long term investment based on strong business fundamentals (earnings, future growth, increased revenue & expansion) in which attracted my firm to begin with.

I would just like to tell everyone to not worry and create un-needed negative hype about Press Releases and concentrate on the company's progress and future plan's & why you Invested in this company to begin with. This is a long term investment and you probably won't see any Big movement until September when they have their grand opening and start writing their mortgages. In the mean-time watch to see they get their licensing nationwide and progress with the video mortgages. The rest is a done deal (Belize) and will begin in September. We are acquiring this stock upto .15 (short term) and hope to have our position filled before it even reaches .10, just think long term and watch the company closely for any goals not being attained. Real stock movement that stays happens on company performance not hype or NONfunctional PR's. Relax you guys & gals picked a good long term investment.