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

To: StandFast who wrote (6846)	7/20/1998 2:57:00 PM
From: xbrent	Respond to of 43774

I have not sold a share and did not have the slightest temptation to do so. Some people day trade this stock, it is a free country. Almost all of the people who own alot of this stock are in it for a much longer haul and significant gain. I am not worried in the least. I am not surprised at the discussion here. Although I thought that it would have occured later in the week. One of my last posts of last week I talked about the ups and downs that we would encounter getting into the upper teens. If you sell on any dip on any stock you will not make a long term gain. You could not even keep Microsoft because even their stock price vascilates daily and weekly. If you are going to be an investor you can't follow the moment-to-moment price of the stock. Holding stock is far more profitable than day trading. Tough for some to except. Look at the internets, check the charts, look at Mer or AOL for example most of the people who sold today would have sold either of those stocks many times along the way. PRWT has a fine future, the future is longer than a day or a week. Almost all of the large holders of this stock are in for the long term which at the shortest is measured in months. That is how you make big money, not lunch money.