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


To: Bullhorn who wrote (5833)7/15/1998 7:03:00 PM
From: xbrent  Read Replies (1) | Respond to of 43774
 
It is obvious the company and the stock will be on the move shortly.
The exceptional mortgage business in Latin America with great margins and growth potential, the video phone concept should work, and if it is what it is cracked up to be the electronic brokerage should be a winner. Those stocks are on a roll lately and the market is projected to grow substantially. When you add that up you get to a nice profitable company. I have PM'ed with a good number of shareholders with over a million shares. They uniformly suggest that they are in the stock for the long haul, some of them very long. This is true since it is not easy to sell 3 million shares even if you wanted to. Management has repeatedly rejected the concept of the RS. I recently traded a stock which has a greater float than PRWT and a price around .25 and they think that they can grow their way to a stock which trades in dollars.. It seems far fetched but if everything works for PRWT they might take a crack at it too. The last time PRWT stock ran it made it to .12. Most people think that the high teens are doable and some think that .20 can be achieved. I think that it is good to have longer term targets rather than trying to scalp the stock for .01 or .02 because nobody makes much beyond a nice dinner when they do that. For me, I am interested in the high teens at the present and perhaps more as we see information from the company.