Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: woodfall who wrote (5248)	7/9/1998 5:59:00 PM
From: xbrent	Read Replies (2) \| Respond to of 43774

PRWT was #1 on the volume list of BB stocks today. Furthermore, it has not run very far from the recent low in the .04's and is a long way from the high of .12+ Based on the booked earnings per share and the potential earnings per share PRWT remains an excellent buying opportunity be it longer term or a few weeks. Multiple PR's should be forthcoming, more stock sheets will list it, and it might attract some bigger money since it is a legitimate profit making enterprise with potential. That sounds like upward momentum rationale in the near and longer term to me. Who wants to sell with that potential in front of them? You could always shake out a few week hands but not that many. I think a considerable number of people own more than 500,000 shares and none of the big holders will be selling a single share. You can pick up 25,000 here and there but the big shareholders are holding on for some serious coinage.

To: woodfall who wrote (5248)	7/9/1998 6:02:00 PM
From: MOGUL	Read Replies (1) \| Respond to of 43774

HERE IS MY 2 CENTS...... I think that today was a litmus test for the MMs. They wanted to see the actual interest in the company for what it is and not just hype (which it's not). Tomorrow will probably be a little better guage of the PRWT vibe. MMs don't always make money you know, they do sometimes get burned like everyone else...so they like to test the waters before diving in. I think that the MMs are developing a confidence before going hog wild. It would be nice to have a 70% gain today but that would probably result in some type of correction within a week because of people getting scared. I would rather have a slow steady climb instead of a massive run with a correction to follow. I know that some of the daytraders feel differently (and I will admit that if I saw any stock go up 150% in a day I would probably try to daytrade it as well...if I had the money). The nice thing about a slow steady climb is that it really makes it hard for the daytraders to make any money unless they are dealing in serious volume. I think that the MMs will realize that this is a FOR-REAL stock and the daytraders will soon be weeded out just by the natural laws of how the market works. JMHO, MOGUL