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


To: rockets who wrote (6903)7/20/1998 6:49:00 PM
From: xbrent  Read Replies (1) | Respond to of 43774
 
I doubt if many people sold because of the R person. If they fell for that, with all do respect, I am glad they left today. They surely would not have waited for the upper teens anyway. The R person has a very different agenda and making you angry or to dislike him/her is part of the deal. The more angry you become the more the R person likes it. Don't forget that trading stocks has alot to do with emotion. When stocks are oversold or undersold usually emotion caused it. The R person is after your emotion.
This company and its activites continue to define themselves. All three of their major components continue to develop. We don't know all the answers but we do have alot of clues. When all the answers are known than the stock will be appropriately valued, right now it is undervalued. The web site will continue to develop, we will continue to learn about the Latin American Mortgage business and the video phone as well. I think that we are likely to get news about this company probably weekly for some time as the answers unfold.
Each day we will see daytraders, shake outs, the R person, and who knows what. Investors with alot of shares did not sell a share today. I talked with three of them, none were the least bit tempted. The major investor group is looking for serious money, well into the teens. Our Yahoo trader friends are trying to make $100 on a day trade. A vastly different philosophy with vastly different outcomes than the major investor group.