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

To: ColleenB who wrote (6713)	7/20/1998 11:40:00 AM
From: Data Miner	Respond to of 43774

That's a better estimate than the 40 - 50 million guesses we were hearing last night. One point that was brought up which is quite true is that the higher the price of the stock goes, the harder fought it will be to move up - especially on hype. A $1000 investment at .01 gets 100,000 shares. The same investment at .10 gets 10,000. Just a matter of proportion. That means once we start moving into the dime plus arena we had better have a lot more publicity in order to attract more investment dollars. Otherwise, we will see improvement in price only as the company gains revenue (which is actually a better long term solution...) or they do something constructive with all those shares.