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


To: snoozlooze who wrote (4513)7/6/1998 7:26:00 PM
From: BONGIZMO  Respond to of 43774
 
Good evening all, what a difference a long weekend makes. Everybody seemed in good spirits and we got to picture Lucky losing her virginity to a horse while surrounded by lava, at least thats what I think I got from the posts :o)

For everyone's info this not only was our heaviest volume since 6/25 it also was our highest bid at the close since 6/26. NAIB disappeared again and magically the stock lifted while Yi Desmond Schroeder started to get more aggressive with the stock. Most importantly PRWT has formed a new base around the .045 area which means news will move us to new levels on the upside. The recent shakeouts appear to have flushed much of the sub .02 shares out and as they get into stronger hands will tighten the float up for a run if we're right.

A few people have queried the spread on MM's on the level 2, for the most part all that matters is whether the MM is bidding for stock or offering stock otherwise he is said to be on the beach. Don't read into where an individual MM has his bid and offer it really doesn't matter unless he is actively buying or selling the security the beach prices mean nothing.

So far everything with PRWT has gone as we would like, it is trading extremely well and now we must hope the company will clarify their business, revenue stream etc. so we can move to higher ground. It does look as if we may really have one here...