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


To: lightfoot who wrote (5053)7/9/1998 7:59:00 AM
From: findstock  Respond to of 43774
 
Excellent point lightfoot, gang this news is great!, but with pennies you never know what is going to happen so don't be coming in here tommorow going WHY hasn't this stock gone way up, it might and it might not, sometimes it takes time for the news to get out and be digested, it is hugely frustrating sometimes, I have several pennies that have had nice positive announcements and haven't gone up much, and then I have seen stocks with NO NEWS go up hugely, PLFM went from .19 to 1.90, and during that time there was not one news release about the stock, so don't have huge expectations and you won't be in here whinning because the stock isn't at .50, but as you can see from that release that we have a stock that presents a huge upside potential......remember its alot nice to be in a stock at .06 or .07 than .60 or .70, that is why I have not been posting on here, I find it hard to believe the complaining about a stock that has been purchased in this price range, there isn't that much downside, but when you are holding a penny at .60 there is ALOT of downside....guys this is still an emerging company and just because the stock should be worth X, sometimes it doesn't happen right away, but those who hold this stock long TERM, meaning more the 2 weeks, will be amply rewarded IMHO, again don't get caught in buy into the stock if there is a large run up in the morning, if you won't somemore then wait for the dip and buy some....Good luck to all