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

To: ROSARIO who wrote (2851)	6/25/1998 11:45:00 AM
From: Bullhorn	Respond to of 43774

What's the latest rumor from AOL?? Bullhorn

To: ROSARIO who wrote (2851)	6/25/1998 12:09:00 PM
From: Currency	Read Replies (3) \| Respond to of 43774

Rosario, I understand why you daytrade. But, let me tell you a different tactic. Daytrading is not a way to maximize your profits. It kills the momentum a stock can build on. Right now, we're trading on a 1/10 and sometimes 1/100 of a penny spread. Daytrading will force a stock down and the buying brings it back up. If we all hold, the stock has to continue to climb and we'll get to levels where the spread will be in the 1,2, or 3 cent range. Image we're at .25x.28 and the next PR comes out. We'll climb to .40, .50, and more. That's a tremendous amount more than where we are at now. But, by daytrading, it keeps us in the singles digits and the most you can make is a penny or two at a time instead of dimes and quarters. Kevin

To: ROSARIO who wrote (2851)	6/25/1998 12:52:00 PM
From: xbrent	Read Replies (1) \| Respond to of 43774

I have consistently owned over 100,000 shares of PRWT, at times I have owned 250,000 shares of PRWT. I know others who own amounts larger than mine. How would you like it if we dumped our shares all at once and drove it down to .02 and then all bought again. My point is is that mid day buying and selling it not where you want to be. What you want to do is buy at .07 and sell at .15. I could screw around selling and buying 20,000 shares all day, but to what end. At the end of the day I might have a few extra hundred dollars, not worth my while. While chasing my few hundred dollars I risk missing thousands when it takes off once and for all. Just a difference in philosophy of how to make serious money.